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Gastem Inc GTMIF

Energy Oil & Gas E&P
Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.


GREY:GTMIF - Post by User

Gastem Inc
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(97)
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Comment by livermore2on Feb 16, 2014 10:28am
123 Views
Post# 22215371

RE:RE:RE:Sold

RE:RE:RE:Sold
Yes, GMR did sell the Gaspe permits to PEA and Maruel & Prom (same players in the Anticosti deal). But the multi- hundred million dollar question to Ray - DID WE KEEP A ROYALTY?

Why is this material? per the below link, PEA and Maurel & Prom hit gas on the acquired lands from GMR in the silurian sandstone which is the same formation PCQ found a giant conventional natural gas discovery. So again Ray - DID WE KEEP A ROYALTY?
https://web.tmxmoney.com/article.php?newsid=64092920&qm_symbol=PEA

I think the consensus is: shareholders have a right to know this!!!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities