Calima Energy (ASX:CE1) Presentation, FNN Investor Event, September 2018, Sydney
24/09/2018 09:00:00
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 at FNN's Investor Event.
Key points:
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The most active oil and gas play in Canada
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Calima owns 72,000 acres of drilling rights
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C$5.2b invested in 2017 - predicted to increase to C$7.5b by 2022
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Liquids-rich Montney formation
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Early mapping predicted that the Calima lands would be liquids rich
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Subsequent drilling by adjacent operators validated the prediction
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Drilling commencing December 2018
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Early monetisation strategy
For more, watch Managing Director, Dr. Alan Stein present.
Watch Presentation.