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Canuc Resources Corp V.CDA

Alternate Symbol(s):  CNUCF

Canuc Resources Corporation is a junior resource company. The Company is engaged in the exploration and evaluation of properties for the mining of precious and base metals and the development of oil and gas properties. The Company is focusing on its San Javier Silver-Gold Project in Sonora State, Mexico. The Company’s San Javier Silver-Gold Project consists of approximately 27 contiguous mineral claims located near the town of San Javier in Sonora State, Mexico. San Javier is located 146 km east of the State Capital, Hermosillo, and is accessible by paved road. Its geographical segments include Canada, the United States, and Mexico. The Company also generates cash flow from natural gas production at its MidTex Energy Project in Central West Texas, USA, where the Company has an interest in eight producing natural gas wells and has rights for further field developments. Its subsidiaries include Full Circle Energy Ltd, Midtex Oil & Gas Corporation, and Minera Stramin S. de R.L. de C.V.


TSXV:CDA - Post by User

Bullboard Posts
Comment by stanleyon May 31, 2013 8:33am
188 Views
Post# 21465763

RE: News - Thompson/Butler & Nambija

RE: News - Thompson/Butler & Nambija

“Last year Canuc had revenues of $186,738 CDN from the Company’s gas and oil wells in Texas. This is expected to materially increase in the current year as further wells are drilled in proven gas and oil reservoirs within the Thompson and Walker Butler fields respectively. We anticipate this developing cash flow will now be complemented by payments received from the processing of material from the Company’s Nambija property in Ecuador......"
 

Bullboard Posts