Calima Energy Limited (ASX:CE1) is an international oil and gas company with over 72,000 acres of drilling rights in the Montney, British Columbia, the most active oil and gas play in Canada.
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.
