Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Westmount Energy Ord Shs WMELF

Westmount Energy Limited is an energy investment company. Its investment strategy is to invest in and provide follow on capital to small and medium sized companies that have significant growth possibilities. It is focused on investing in the prolific Guyana-Suriname Basin, which is an emerging hydrocarbon province. It has invested in four companies: JHI Associates Inc. (JHI), Cataleya Energy Corporation (CEC), Ratio Petroleum Energy Limited Partnership and Eco (Atlantic) Oil and Gas Ltd. These companies have interests in three blocks, Canje, Kaieteur and Orinduik Blocks immediately adjacent to the Stabroek Block. These three blocks, in combination with Block 47 offshore Suriname, contain a substantial inventory of independent Cretaceous prospects. JHI is a Canadian oil exploration company with a 17.5% participating interest in the Canje Block, offshore Guyana. CEC is a Canadian oil exploration company with a 25% participating interest in the Kaieteur Block, offshore Guyana.


OTCQB:WMELF - Post by User

Post by Carbonbullon Jun 28, 2021 12:34pm
93 Views
Post# 33460000

interesting JHI placement with ECO oil symbol EOG

interesting JHI placement with ECO oil symbol EOGworking backwards would appear that Eog negotiated a discount to WMELF valuation of about 25 percent , entirely reasonable , good to have very smart money investing , gives staying power for next coupleof exploration wells!  fingers crossed on jebillo all that is required is one well and valuation jump a min of 5x.  hoping for a great JULY.... as alaways do you own research , as i am sure ECO did with extensive diligence.
<< Previous
Bullboard Posts
Next >>