Energy - Calgary, AB, CA
Passport Energy Ltd. (PPO: TSX.V) is a junior oil and gas company focused on acquiring, exploring and developing light oil resource opportunities in Western Canadian Basin and NW United States.Focused on acquiring, exploring and developing light oil resource opportunities in the Western Canadian Basin and NW United States.Led by an experienced team with technical, corporate, financial and management expertise with a proven track record in the petroleum/resource industry.Passport has participated in the drilling and completion of 3 Bakken horizontal wells in the Hardy area of SE Saskatchewan. Passport has negotiated a 34 section farmin with a large Canadian oil and gas producer whereby Passport shall pay 50% to drill and complete (Passport operator) a minimum of two horizontal Bakken wells (max. 7 wells) offsetting the two previously drilled wells in the Hardy South area of SE Saskatchewan.Passport owns a 60% interest in 43,000 gross acres in the Alberta Bakken play trend in the Sweetgrass Arch area of NW Montana.
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