Calima Energy MD, Alan Stein, presents the Montney story at the 2017 Good Oil Conference, Perth, Western Australia.
Alan Stein talks to Matt Birney from Bulls N Bears about his new oil and gas play, Calima Energy, in the revered “Montney Formation” in Canada. Stein built Ophir Energy into a £2b oil and gas goliath in the UK and is now focussed on Calima.
Azonto Petroleum’s bold plunge into shale liquids in one of North America’s hottest new petroleum basins is based on an innovative approach to identifying liquids-rich sweet spots.
The rebirth of Azonto Petroleum as a substantial player in the shale gas boom sweeping Canada’s Montney Formation is a major step closer after the company locked in commitments for an equity injection of at least $2.25 million this week.
As far as first impressions are concerned, Saguaro Resources is considered a privately held, emerging producer, initially capitalized in late 2012 with annualized average production that has grown from 117 boe/day that year (just two months) to a bit under 7,100 boe/day last year.
Natural gas drilling worksite with dramatic sky. If money and management experience are pre-requisites for the success of a small cap ASX listed company, then Azonto Petroleum has a bright future post the back door listing of Calima Energy, expected to complete in mid July.