In other news, a decision regarding an Oil Sands consortium announced in January is expected next week.
Jason Gigliotti, President of Habanero stated, "It is great to be drilling again. When you couple this new drill program with the current work being done on the Alberta Oil Sands Project, it is clearly an exciting time for Habanero. If you also consider that we could be entering into a new oil sands venture, the future is looking positive for Habanero."
Habanero is an emerging junior oil and gas company focused on oil and gas exploration and production in North America. Habanero is one of, if not the smallest market capitalized companies that has exposure to the Alberta Oil Sands. Habanero's goal is to become a mid range oil and gas producer. Habanero currently has operations located on multiple oil and gas fields located in Texas, Saskatchewan and Alberta.
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