Monday, December 27, 2010

Skywest Energy Corp. (SKW.V): Cardium Shale Update

By Andrea:

Skywest Energy Corp.(SKW.V) has recently entered into two new farm-in transactions to acquire an additional 8.5 gross (5.1 net) Cardium sections. The Company has also acquired an additional 4.25 Cardium sections at recent Crown land sales. As a result, the Company has added an additional 35 net Cardium drilling locations. Skywest will now hold approximately 40 net sections of Cardium acreage.

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