Oil Sands Quest Activities in Pasquia Hills
Oil Sands Quest (BQI) just released news on it's various exploration activities. Here is a snippet from the report:
Pasquia Hills Oil Shale Area
During the period ended July 31, 2009, the Company initiated the planning
and regulatory approval process for an exploratory drilling program on its oil
shale permits in eastern Saskatchewan. These activities included filing
applications and receiving regulatory approvals for drilling up to fifteen
locations, surveying drill locations, negotiating and obtaining access rights
and contracting for the required services. We expect to commence exploration
drilling on these permits in the last quarter of calendar 2009.
This company has just raised 29.8 Million Dollars through a public offering for it's various explorations and developments - Pasquia Hills area being among them. To my knowledge GNZ has the choicest portions of this oil shale deposit but it's intersting to see others wanting to stake their claims for a piece of the pie.