Welcome To The Canadian Spirit Resources Inc. HUB On AGORACOM
Exploration and development of opportunities in the unconventional gas sector - JV - Shell Canada Energy.
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Increases Land Position

2nd shots 1 002
Rank: [?]
President
Points: [?]
23987
Rating: [?]
Votes: 222 Score: 3.5
  • Currently 3.6/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Increases Land Position

posted on Mar 30, 09 03:50AM
March 30, 2009
Canadian Spirit Resources Inc. Increases Land Position
CALGARY, ALBERTA--(Marketwire - March 30, 2009) - Canadian Spirit Resources Inc. ("CSRI" or the "Company") (TSX VENTURE:SPI) (PINK SHEETS:CSPUF) is pleased to announce that on behalf of the joint venture, the Company was successful in acquiring eight sections (5120 acres) of Montney Formation and other deep rights and two sections (1280 acres) of Gething Formation and other shallow rights at a recent British Columbia crown sale. All of the sections acquired are adjacent to existing CSRI Gething and Montney rights on the east portion of the Farrell Creek property and adds to the material size of this unconventional gas project.

At Farrell Creek, the Company now holds a total of approximately 50 sections of Gething and other shallow rights (32,000 acres) and approximately 46 sections of Montney and other deep rights (29,440 acres).

CSRI is a natural resources company focusing on the identification and development of opportunities in the unconventional gas sector of the energy industry. The mission of the Company is to develop 1 trillion cubic feet of natural gas from unconventional resource plays in western Canada.

The Company is currently evaluating the productive capability of both its shallow Gething play and its deeper Montney play through joint ventures with two well-capitalized partners. Both of these plays are located on the Company's principal resource property at Farrell Creek, British Columbia. CSRI is well funded with $11.1 million of working capital ($0.23 per share) and has minimal current capital requirements associated with the Farrell Creek property.

Information regarding CSRI is available on SEDAR at www.sedar.com or the Company's website at www.csri.ca.

On behalf of the Board of Directors,

CANADIAN SPIRIT RESOURCES INC.

Don Gardner, Chief Executive Officer & Secretary

New Message

Please login to post a reply

AGORACOM Quick Tips

What Is Twitter? Watch Our 5-Minute Tutorial ... Watch Now

President's D.D.

New feature: Hub Presidents can add important links here.

Hub Leaders