Company Update with Managing Director
Within this video, Mr Stein details:
- What drew Calima to the highly prolific Montney Formation, located in northern British Columbia, Canada and the high level of activity (drilling and production) and expenditure that has occurred in recent years;
- The team that has been assembled to advance activities in the Calima project, and the significant success they have achieved together across several companies; and
- Calima's plans for a maiden oil and gas drilling program at its project in the Montney Formation.
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About Calima Energy Ltd
Calima, which features a board and management made up of some of the most successful oil and gas executives of recent years, is fast-tracking a major oil and gas opportunity in one of the world's most successful and sought after plays.
The Company is preparing to drill at the Calima project, which is close to existing infrastructure, including pipelines and processing facilities.
Calima's neighbours in the Montney include international operators Shell, ConocoPhillips and PETRONAS, as well as Canadian producers Black Swan Energy, Saguaro Resources and Painted Pony Energy. The region's liquids-rich hydrocarbon reserves are being targeted for LNG export alongside domestic and international oil market opportunities.
Calima Energy Ltd