Habanero Drops 50% Interest in 2 Oil Sands Leases


Peace River Oil Sands
(Click to Enlarge)

Athabasca Oil Sands
(Click to Enlarge)

Habanero Resources has announced that two of the Oil Sands leases, which the Company had a 50% interest in, have been dropped. These leases are located in Peace River and in the Athabasca Oilsands regions.

Due to current market conditions management felt that this was the most prudent course of action and is considering potential restructuring and/or financing of the Company.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States Houston: Account Rep, Bus Dev
Expertise: Business Development|Marketing|Sales
Location: Houston, TX
 
General Manager US
Expertise: Business Development|Executive|Technical Manager
Location: Houston, TX
 
Division Order Analyst - DJ Land Administration
Expertise: Business Analyst|Commercial Management|Landman
Location: Denver, CO
 
search for more jobs

Brent Crude Oil : $59.02/BBL 3.79%
Light Crude Oil : $52.22/BBL 3.07%
Natural Gas : $2.92/MMBtu 1.31%
Updated in last 24 hours