CANUC RESOURCES CORPORATION

canuc-resources-corporation-logo

Headquartered in Toronto, Canuc Resources Corporation is a junior mining exploration company focusing on exploring and developing its assets in the Americaโ€™s. In July 2011, Canuc acquired MidTex Oil and Gas Corporation which owned a producing gas well and a lease on 320 acres in Stephens County Texas. The acquisition of MidTex, although outside of Canucโ€™s main area of business, was completed for strategic purposes, as a means of providing the company with cash flow in order to continue to d... evelop its primary assets. Since its acquisition, the Midtex assets have expanded to include a 20% working interest (16% net revenue interest) in the 1,000 acre Thompson Lease and more recently, a 15% working interest (12% net revenue ) interest in the 3,000 acre Walker Buckler lease located in Shackleford County Texas. top online casinos bonuses for uk players toponlinecasinobonus.co.uk uk online casino bonus at first deposit At present, the Company has gas production from 1 well on the original Midtex lease, 6 wells on the Thompson, and more recently, 2 wells on the Walker Buckler. All leases benefit from the presence of low pressure gas pipelines which makes the gas immediately saleable without excessive transportation charges. Condensates within the gas also allow Canuc to sell the gas at a premium to market. Home About Investors

#SimilarOrganizations #People #Financial #Website #More

CANUC RESOURCES CORPORATION

Social Links:

Industry:
Energy Mining Oil And Gas

Address:
Toronto, Ontario, Canada

Country:
Canada

Website Url:
http://www.canucresources.ca

Total Employee:
11+

Status:
Active

Contact:
(416)867-1300

Email Addresses:
[email protected]

Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SPF SSL By Default Google Analytics LetsEncrypt Apple Mobile Web Clips Icon Google Tag Manager WordPress Google Universal Analytics


Similar Organizations

justiss-oil-logo

Justiss Oil

Justiss Oil offers drilling, exploration, production, banker tank and well services for oil industries.

Current Employees Featured

not_available_image

Richard Brissenden
Richard Brissenden Director @ Canuc Resources Corporation
Director

Stock Details


Company's stock symbol is CVE:CDA

Acquisitions List

Date Company Article Price
2011-03-04 Midtex Oil & Gas Midtex Oil & Gas acquired by Canuc Resources Corporation 740 K USD

Official Site Inspections

http://www.canucresources.ca Semrush global rank: 7.7 M Semrush visits lastest month: 446

  • Host name: cloudhost-3569558.us-midwest-2.nxcli.net
  • IP address: 192.190.221.213
  • Location: United States
  • Latitude: 37.751
  • Longitude: -97.822
  • Timezone: America/Chicago

Loading ...

More informations about "Canuc Resources Corporation" on Search Engine