The Conversation (0)
Sundance Energy Corporation (TSXV:SNY) has entered into a three year petroleum and natural gas lease agreement with Indian Oil and Gas Canada in the Lashburn West Sparky oilfield.
Sundance Energy Corporation (TSXV:SNY) has entered into a three year petroleum and natural gas lease agreement with Indian Oil and Gas Canada in the Lashburn West Sparky oilfield.
As quoted in the press release:
The Lashburn Lands are part of the Moosomin First Nation Treaty Entitlement Reserve lands. The lease agreement provides that Sundance will drill a minimum of one test well to a contract depth of 550 meters subsurface or 5 meters into the GP Formation, whichever is the lesser depth, in the first year of the lease term and a minimum of one additional test well per year thereafter during the primary term of the lease.
Click here to read the Sundance Energy Corporation (TSXV:SNY) press release
