Calima Energy will begin its maiden Canadian Montney drilling campaign in the 2018/19 winter.
Calima Energy Limited (ASX:CE1) Senior Geophysicist, Mr. Justin Norris speaks with FNN about the company’s upcoming Montney drilling campaign.
Ahead of Calima’s 2018/19 northern winter drilling campaign, Morgans have released a research note with an indicative valuation on Calima in the range of A$0.09-$0.30ps, based on a range of transaction multiples applied to its Montney acreage.
Calima Energy Limited (ASX:CE1) Managing Director, Dr. Alan Stein presents the Calima Montney Project, British Columbia and the company’s 3 well drill program.
Calima Energy (ASX:CE1) Managing Director Alan Stein sat down with The Pick to talk about the developments beginning in the Canadian Montney Formation very soon, as well as what makes Calima stand out with its impressive management team and location.
Dr Alan Stein, Managing Director for Calima Energy discusses the resources found in British Columbia (Canada), with the Morgans network.
Having completed a $25m capital raising, Calima is now advancing toward drilling and appraisal of its Montney Project. The funds will allow Calima to execute the 3 well proof of concept drilling program, effectively serving to validate acreage quality.
Australian investors could benefit from developments in faraway Canada, where the Montney Formation in British Columbia is turning into one of the most attractive oil and gas plays in North America.
Calima MD, Alan Stein and BDM, Mark Freeman recently attended the Noosa Mining Investor Conference. Mark’s interview with Kitco News can be viewed here.
Independent Investment Research has published an updated research note on Calima Energy with a 6-month price target of A$0.16/share.