Comment by Pacman101on Jun 27, 2025 9:07am
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Post# 36624700
RE:RE:Once again it tries to go up
RE:RE:Once again it tries to go up
From Pcq's homepage: Total Land Package: 674,805 acres (273,085 hectares) Petrolympic owns 100% of 138,754 acres (56,152 hectares) over the St. Lawrence Lowlands shallow sandstones and carbonates platform on the south shore of the St. Lawrence River, less than 30 kilometers southwest of Montreal. Petrolympic owns 30% of 536,051 acres (216,933 hectares) with Ressources et Energie Squatex (70%) in the Utica Fairway and the underlying Trenton-Black River carbonates Petrolympic owns another 12% of the total land package 19,768 acres (8,000 hectares) through an Agreement with Canbriam Energy in the Utica Fairway and the underlying Trenton-Black River carbonates Highlights: Major position in the emerging Utica shale gas play and in the Trenton-Black River hydrothermally dolomitized carbonates, along with adjacent shallow platform carbonates and sandstones Conventional and unconventional natural gas plays Significant resource potential on large land package (183 Tcf estimated for the whole Utica in the Lowlands by the Geological Survey of Canada in 2014)