Altima Energy Inc V.ARH

Alternate Symbol(s): ARSLF

Energy Oil & Gas E&P

Altima Energy Inc. is an oil and gas exploration and production company with a strategic focus on unlocking the potential of hydrocarbon assets across North America. The Company’s assets are located at relatively shallow depths (approximately 1,200 meters) and producing light-medium oil (34°API). Its assets are located in both Central Alberta and Northwest Alberta and provide 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. It has a Crown Petroleum and Natural Gas lease tracts totaling approximately 1,408 hectares (3,479 acres) offsetting the Richdale operated field, located in Eastern Alberta. The Richdale Field includes producing wells and essential infrastructure that support efficient resource extraction.

TSXV:ARH - Post by User

Altima Energy Inc

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Comment by GenHandgrenadeon Sep 24, 2020 4:38pm

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Post# 31613754

RE:RE:RE:Altima to acquire $785,000 in oil, gas Alberta assets

According to level 2 there are 202 K shares on the ask at .03 and another approx 120 k shares on offer to .08 cents. With only 4 million floating shares this could go through the roof in a big hurry.

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What is the 'kiddie tax' when gifting stock?