Stock Information | SEDAR
Overview
PanTerra is a diversified junior public oil and gas company listed on the TSXV (PRC.V) with holdings in both conventional and unconventional projects in Western Canada. The Company has an operated production base of 75 BOPD and 250 Mcf/d gas with excellent optimization and exploitation potential. PanTerra has 14,740,983 shares outstanding, 15,903,983 fully diluted, cash in the bank, no debt and approximately $13.7 Million of tax pools.
PanTerra’s current conventional properties are located at Carrot Creek, Tomahawk and Gadsby, Alberta. These pools have work-over, facility optimization, development and horizontal drilling, and water-flood potential.
PanTerra previously acquired a vast 1,000,000+ acre position in Saskatchewan. Extensive drilling and geotechnical analyses have defined a huge Shale Gas Resource. Deeper exploratory Mississippian (Bakken) and Devonian (Winnipegosis / Ratner) oil potential underlie the Shale Gas Resource. The Company is seeking partners to continue to explore and develop this acreage.
PanTerra’s strategy is to focus on projects with expandability and sustainability.
The Company will maintain a high working interest and operatorship where possible. PanTerra Resource Corp. plans to grow via the ‘drill bit’ and continue to acquire producing properties more heavily weighted towards oil.
View our presentation: PanTerra Presentation