Print this article    Email this article    Save this article  
| RSS FeedAdd RSS Feed


Quebec


Oil & Gas Journal

By OGJ editors
HOUSTON, Jan. 6 -- Gastem, Montreal, and private Canbriam Energy Inc., Calgary, took a farmout from an undisclosed farmor on 92,104 acres of Mundiregina permits in Quebec's St. Lawrence Lowlands.

Gastem may earn a 17% interest and Canbriam 68%. The seller will maintain a 15% carried interest.

The Mundiregina permits are in the Ordovician Utica shale fairway southwest of Gastem's Yamaska permit, where two horizontal wells are being flow-tested. Gastem and Cambrian committed to shoot seismic and drill six wells by the end of 2010.

Page 1 of 1



PennEnergy Blogs
PennEnergy Perspectives
Don’t miss this insightful—and sometimes controversial—weekly blog about the petroleum and power scenes today, written by seasoned reporter and editor, Bob Williams.
ImpactWeather Tropics Watch
Catch the latest hurricane updates and insights from ImpactWeather meteorologist, Chris Hebert.