Welcome To The Habibi Resources HUB On AGORACOM
Equus Energy 1:10 Consolidation becomes Habibi Resources
Equus Energy Corporation engages in the exploration and development of natural resource properties in Canada and the United States.
Oil and Natural Gas Properties
Ronalene Property, Alberta
The company has an overall 30% undivided working interest, subject to certain royalties, in approximately 4,480 acres in the Sombrero Farm-Out Agreement, Ronalene Area, Alberta. Certain of the producing wells have varied participating interests pursuant to funding arrangements for drilling costs.
North Millican Prospect, Texas
The company holds an oil royalty interest in the Northeast Millican Prospect, Texas.
Wyoming and Colorado properties
The company also owns 100% interests in 24 oil and natural gas leases in the United States, including 15 leases covering 1,764 acres in Wyoming, and 9 leases covering 930 acres in Colorado. It intends to conduct exploratory and development activities at these sites.
In March, 2007, the company acquired a 100% interest in a petroleum and natural gas property in an area of 256 hectares in west central Alberta.