Calima Energy: Expands Brooks area

Calima Energy Expands Brooks area

• Calima Energy (CE1) acquires additional land around its Brooks operations in Alberta, Canada
• The company executes a mineral leasing deal, which will expand its operations by 33,000 acres to over 69,000 acres
• The agreement includes an option on any unleased shallow gas rights within the corridor of the newly leased oil rights
• In addition, Calima will have access to an extensive 3D seismic database
• Shares are trading 7.69 per cent higher today at 14 cents each at 3:39 pm AEST