AAA

 

Operations

Utica Shale

Oil & Gas

Alexander

Turin

TSX Corp Brochure Corp Brochure

Turin

Canadian Quantum Energy purchased an interest in two sections located in Southern Alberta near offsetting shallow, light oil production. The 1280 acre (gross) land position could yield a multi-well drilling program offsetting a lead well that tested oil from the Sunburst sand. Proprietary seismic will be acquired in 2011 with drilling to follow shortly thereafter.

Canadian Quantum has a 22.5% working interest and a 45% working interest.

See news release here, News Release May 18th, 2011