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Calima Energy: Expands Brooks area

Calima Energy Expands Brooks area

  • Calima Energy (CE1) acquires additional land around its Brooks operations in Alberta, Canada
  • The company executes a mineral leasing deal, which will expand its operations by 33,000 acres to over 69,000 acres
  • The agreement includes an option on any unleased shallow gas rights within the corridor of the newly leased oil rights
  • In addition, Calima will have access to an extensive 3D seismic database
  • Shares are trading 7.69 per cent higher today at 14 cents each at 3:39 pm AEST
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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