Oil & gas player, Calima Energy Limited (ASX:CE1) has released its May 2020 Investor Presentation on the ASX.
The Company’s presentation is centred around its core assets, the Tommy Lakes Facilities and the Calima Lands contingent resource of 1.176 TCFE/ 1,247 Petajoules gas equivalent lying within a liquids-rich sweet-spot of the Montney Formation in Northeast British Columbia, Canada.
Key things to note from the presentation include:
- Improvement in situation of the Canadian gas market since 2018/19.
- Continued strength in forward gas pricing at AECO.
- Advantage to Canadian LNG.
- Calima’s operational objectives for 2020.
CE1 traded at $0.007 on 6th May 2020.