Stock Ticker: FEN-V
Date 4/15/2014   Day High 0.095
Last 0.08   Day Low 0.08
Change -0.015   Volume 1387270
 

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Forent Energy Ltd. is a Calgary-based junior oil and natural gas producer focused on near-term growth through infill development drilling of oil producing properties in Southern Alberta and exploration drilling for high impact, multi-zone oil and gas potential at Montgomery, Alberta. Forent is also pursuing longer term high impacted growth through ongoing evaluation of a large, on shore exploration block in Nova Scotia.

The Company's shares trade on the TSX Venture Exchange under the symbol FEN.

Forent Energy has a significant unexplored land position with multi-zone oil and natural gas opportunity in the Montgomery area of southern Alberta. The Company is also pursuing high-impact frontier reef oil and natural gas exploration opportunities onshore Nova Scotia. In all of our major operating areas Forent is committed to working with landowners and stake holders in the pursuit of sustainable oil and gas development for the benefit of all.

Forent has a strong management team with proven expertise in property acquisitions, development and exploration

  • In Q1 2014 Forent has budgeted 4 vertical infill wells with an expected ROR of 72% with additional infill potential.
  • Also in Q1, at Montgomery, our partner will cover 100% of the drilling and completion costs to drill a Second White Specks exploration well interpreted to be analogous to the best Second White Specks producing well in Alberta.
  • Forent is financially stable and well positioned to take advantage of the current asset rich market. In addition, Forent has one of the largest onshore land positions in Nova Scotia with exploration rights to 514,000 acres that are prospective for conventional oil and shale gas.