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Antrim Energy Inc. ATGYF

"Antrim Energy Inc was incorporated on September 29, 1999 in Canada. The Company is engaged in the business of oil and natural gas acquisition, exploration, development and production in international locations. The Company, through its subsidiaries, conducts exploration activities in the United Kingdom and Ireland."


OTCPK:ATGYF - Post by User

Bullboard Posts
Comment by Bigbadoilon Nov 01, 2005 6:10pm
311 Views
Post# 9798774

RE: "Clachnaben"

RE: "Clachnaben"AEN sees more potential in the Causeway prospects to the south so they wanted to up their interest in that part. Dana want to up their interest too in the block hence the deal. AEN did not want to give Dana a "free ride" hence they have to earn by drilling this well at no cost to AEN. Benefit to AEN - they get 2 wells on the prospect They increase their interest in the southern part of the block to 79% (their main interest). Hint - as to the prospectivity of the southern part<< AEN acquired the block to the east at the recent 23rd licensing round. There was a well on it that tested 8000 Bopd. I think that anwsers the questions. Bigbadun'
Bullboard Posts