Storm Resources Ltd.

Transaction Type
Basin
Western Canadian Sedimentary
Post Date
Close Date
Estimated Price
MM
Description

Storm Resources Ltd. has retained Sayer Energy Advisors to sell or farm out certain assets in north-central Alberta.

The package includes up to 100% working interest in 11 sections of undeveloped mineral rights in the Windfall area. The majority of the recent land sale activity has focused on the Duvernay formation.

Ten sections of Storm’s land are held under drilling licenses which can be held under lease for more than seven years, until Aug. 5, 2019, by drilling.

The bid due date is Feb. 9. Contact Alan Tambosso, 403-266-6133, atambosso@sayeradvisors.com.