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Point Loma Resources

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Market:
TSX-V
Market Cap:
$7.12 m
Price
0.08 CAD
Change
-5.88%
52 weeks high
0.27
52 weeks low
0.08

In brief

Point Loma Resources is new publicly traded Oil and Gas company that has captured a large position on the Mannville oil and liquids rich gas trend in west central Alberta. As a new company we have no bank debt, a solid balance sheet and an experienced team focussed on creating shareholder value. Point Loma has increased production from 135 boe/d in July 2016 to 900 boe/d in February 2017 and will continue growth with further tie-ins of existing , tested wells.

 

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Snapshot

The company controls 150,000 net acres, with over 230 (net to Point Loma) drilling opportunities in multi-zones.