Altima Energy Inc V.ARH

Alternate Symbol(s): ARSLF

Energy Oil & Gas E&P

Altima Energy Inc., formerly Altima Resources Ltd., is a Canada-based junior energy company. The Company is engaged in exploring and developing oil and natural gas assets in Western Canada. The Company focuses on acquiring undervalued oil and gas assets. It is focused on developing and exploring in regions, such as the Deep Basin of West Central Alberta and Rainbow Lake in Northwestern Alberta. Its assets are located in both Central Alberta and Northwest Alberta and provides a balanced mix of light oil and sweet natural gas. The Central Alberta site focuses on light oil extraction and covers an area of approximately 5,920.5 acres. Its Northwest Alberta site focuses on sweet natural gas and covers an area of approximately 3,840 acres. It also owns an additional area of approximately 800 acres.

TSXV:ARH - Post by User

Altima Energy Inc

Bullboard Posts

Post by letsbefriends1on Feb 11, 2011 12:39am

287 Views

Post# 18114291

Mid-February?

Well it's almost mid-February...we should be hearing about two things I imagine:

1) Repayment of US debt (I assume with PP money?)
2) Ferrier well online

The farm-out Chambers well being drilled and completed at no cost to Altima should be announced soon too I think.

Can anybody elaborate? I see heavy insider buying in late December and some light buying last week...that is a positive sign IMO.

Bullboard Posts

Eminent acquires promising Nevada gold project