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Wilton Resources Inc V.WIL

Alternate Symbol(s):  WLTNF

Wilton Resources Inc. is a Canada-based oil and gas exploration and development company, with a property in Canada. The Company is pursuing oil and gas properties in various international locations including the Middle East and Africa. The Company’s business development plan is focused upon acquiring international oil and natural gas interests. The Company is also focused on planning and executing integrated projects from the reservoir modeling stage through the exploration/development drilling and completion work program stage. It utilizes a Geo-engineering approach to the reservoir analysis and modeling phase which integrates the skills of all of the technical disciplines (geology, geophysics, petrophysics, reservoir engineering, and geostatistics) in a single team using an integrated software platform.


TSXV:WIL - Post by User

Post by Dazzle01on Mar 24, 2024 1:04pm
298 Views
Post# 35949599

Final Stage

Final StageIn July WIL indicatedd they were in the final stage of closing an opportunity, it has been some time without any additional information. Over the past few months the CEO and at times the entire Executive team have been in Africa.
Given the teams expertise in operating in the Sahara Desert and success they enjoyed in Algeria  I would assume they are a prime canidate to be considered for any exploration or explotation opportunities that are avaiaible in North Africa. The rhetoric coming out of Libya continues to focus on increasing production, possible oil and gas licencing rounds etc. 
With Libya demonstrating renewed stablity and WIL comments that they are in the final stage of capturing an opportunity I suspect we should see something some time in Q2.
   
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