Stock Ticker: FEN-V
Date 2/22/2012   Day High 0.185
Last 0.165   Day Low 0.135
Change 0.00   Volume 2146588
 

Corporate Strengths

  • Growing portfolio of energy projects, including low-cost heavy oil development in Saskatchewan, exciting 27 section exploration opportunity at Montgomery, Alberta, and a higher-risk, higher-reward oil reef play in Nova Scotia.
  • Broad experience base, with an ability to advance large and complex oil and gas projects.
  • Highly experienced field staff in Alberta, Saskatchewan and Nova Scotia.
  • Financial discipline: no debt and know how to stretch a dollar.

Growth Strategies

  • Establish a balanced inventory of low to high risk/reward projects in key areas of Western Canada and Nova Scotia.
    • Short-term: optimize existing heavy oil production and custom saltwater disposal to help fund exploration projects in Saskatchewan.
      • Finalize a joint venture partner and initiate drilling on the 27 section Montgomery property in early 2012.
      • Drilling of three potential reefal structures in Nova Scotia targeting oil in December 2011.