Response Energy Corp

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Description

Response Energy Corp., Calgary, has retained Canaccord Enermarket to seek a farm-in partner for a prospect in westcentral Alberta. Response holds 71% to 85% working interest on 3,328 net acres in the Iosegun Lake area, Township 66-67, Range 21W5M. An exploratory drilling location has been identified targeting oil in the Triassic Montney formation at 1,800 meters depth with possible 5.1 million barrels of oil in place. A bid due date has not been determined. Contact Martin Peters, 403-537-9829.