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Altima Resources Ltd V.ARH

Alternate Symbol(s):  ARSLF

Altima Resources Ltd. is a Canada-based company, which is engaged in the exploration for and the development of petroleum and natural gas in Canada. The Company is focused on acquiring undervalued oil and gas assets, exploiting existing low risk high return asset enhancement / development / optimization opportunities. The Company acquired petroleum and natural gas properties in the Red Earth oil property in Alberta and a number of smaller assets in Alberta and British Columbia. The Company's subsidiaries include Altima Resources Ltd., Unbridled Energy Corp., Crimson Oil and Gas Ltd., Unbridled Energy USA Inc., Unbridled Energy New York LLC, Unbridled Energy PA LLC and Unbridled Energy Ohio LLC.


TSXV:ARH - Post by User

Bullboard Posts
Comment by Libertygon Aug 31, 2009 11:36am
222 Views
Post# 16264086

RE: Merger

RE: MergerIf that's the case then ARH would hold i believe over 90% of the foothills property. That would be impressive since they initially started with about 20% a couple years ago. But, most importantly is financing. BP mentioned another investment company was halted along with ARH and UNE, which could be a financial arrangement. If so that would lift the cloud over ARH. Albeit it a year late but better late than never. Should be interesting.
Bullboard Posts