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.
Disclaimer
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.
