PetroWorth Secures Rights to Explore New Brunswick Properties
PetroWorth Resources has successfully secured the rights to explore for natural gas on an additional license in the area of Westmorland County of New Brunswick. The exploration and development rights cover a total of 88,737 acres located immediately east of the Stoney Creek oil and gas field, thus increasing PetroWorth's licensed properties in New Brunswick to 129,583 acres.
PetroWorth Resources Inc. is a junior oil and gas exploration company with extensive onshore properties in Eastern Canada. The Company has acquired 100% working interests in almost one million acres in nine separate exploration permits on Prince Edward Island, Nova Scotia and New Brunswick. The strategy of the company is to conduct aggressive exploration drilling programs on these permitted properties, both in-house and through advantageous farm-in arrangements.
- PetroWorth Commences Seismic Program in Cape Breton (Jul 10)
- PetroWorth Updates on Alberta Natural Gas Well (Feb 12)
- PetroWorth Makes Headway on New Brunswick Drilling Operations (Aug 06)