TSXV:RPT - Post Discussion
Post by
TheRock07 on Jan 04, 2014 12:56pm
Shale oil
In addition to the conventional targets, ArPetrol also has shale oil assets in Argentian.
In 2011, in order to evaluate shale oil potential it drilled a core hole and completing a full log evaluation of the lower Vac Muerta zone on its 55km2 CVS permit, which is located approximately 60 km northeast of the Yacimientos Petrolíferos Fiscales (YPF) shale oil well drilled in the Loma La Lata field.
The Company has a 50 % operated working-interest in the CVS permits.
The results were positive...... See previous post
in early 2013 RPT sold its 3%royalty interest in Dakota for about $1 million.
Not quite sure if they have Bakker in Dakota...... Web site is very spare on details
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