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Canbriam Energy Acquires 60% Interest In Utica Shale Drilling Program

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Rachel Dixon
April 26, 2010

Privately held, Calgary-based Canbriam Energy Inc. has acquired a 60% earned interest in a 19,770-acre block in the St. Lawrence Lowlands through its farm-in agreement with Petrolympic Ltd., Montreal, (Toronto Venture: TSX) and privately held, Brossard, Quebec-based Ressources & Energie Squatex Inc.

 Canbriam is responsible for all drilling, completion and abandonment costs incurred during the program. ...

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