Scandoil  

Stonehaven Exploration enters Belly River participation agreement


Published Oct 13, 2015
[an error occurred while processing this directive]

Edit page New page Hide edit links

Stonehaven Exploration Ltd.

Stonehaven Exploration Ltd. has entered into a Farmout and Participation Agreement to initially drill up to 4 horizontal Belly River oil well prospects with working interests averaging approximately 65% BPO/35% APO in 5 sections of land in central Alberta. The Farmout and Participation Agreement also provides for an Area of Mutual Interest covering an additional 2 sections of land.

The participation in these wells is expected to enable the Company to meet its $3.4 million flow-through obligations in 2015.

The Company also reports that the Alberta Court of Queen's Bench has approved the settlement of the class action proceedings involving the Company.

Tags: Stonehaven Exploration Ltd.




Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml