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CANADIAN QUANTUM ENERGY CORPORATION V.CQM

"Canadian Quantum Energy Corp is engaged in the exploration for and development of petroleum and natural gas properties principally in the Provinces of Quebec, Ontario and Alberta."


TSXV:CQM - Post by User

Post by EasternDanon Apr 12, 2010 10:37am
219 Views
Post# 16981086

NEWS..!!!

NEWS..!!!

Cdn Quantum, Junex to begin Nicolet seismic survey

Canadian Quantum Energy Corp (C:CQM)
Shares Issued 25,248,665
Last Close 4/8/2010 $1.20
Monday April 12 2010 - News Release

Also Junex Inc (C:JNX) News Release

Mr. Douglas Brett of Canadian Quantum reports

CANADIAN QUANTUM ENERGY ANNOUNCES NICOLET SEISMIC PROGRAM

Canadian Quantum Energy Corp. and its joint venture partner (50 per cent), Junex Inc., will be shooting a two-dimensional seismic program consisting of approximately 150 kilometres of data over their jointly held Nicolet permit, located in the St. Lawrence lowlands Utica shale play. The seismic data will be integrated with existing seismic data to evaluate the Utica Shale structure underlying the Company's 59,090 acre Nicolet Permit.

Mr. Douglas Brett, P. Eng., Canadian Quantum's President and Chief Executive Officer, commented "Once complete, the interpreted seismic data from our upcoming program will be used to assist in the optimal positioning of future horizontal drilling locations that are being contemplated to be drilled on our centrally-located Nicolet Permit."

? 2010 Canjex Publishing Ltd.

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