LAS VEGAS, NV–(Marketwired – Aug 28, 2017) – Fortem Resources Inc. ( OTCQB : FTMR ) (the “Company”) would like to share some exciting news about a recent discovery made by BP PLC in the Mancos shale play.
The San Juan Basin, like the Uinta Basin, produces gas from the Mancos shale, which occurs from the center of the basin and transitions into oil around the rims of the basin. Similar to the Company’s Mancos area, the oil prone areas have resulted in successful vertical wells where a maximum amount of flexure provides natural fracturing. This allows vertical wells to encounter these fractures to produce substantial amounts of hydrocarbons. Recent horizontal drilling in porosity zones within the Mancos shale has proven to be extremely productive.
Refer to the link for BP article:
About Fortem Resources
Fortem Resources Inc. is a publicly traded oil and gas production, development and exploration company, which holds a diversified natural resource portfolio of mainly oil and gas assets and one gold asset. The Company’s properties are located in Western Canada, North American and internationally through five wholly owned subsidiaries.
The Company’s common shares are quoted on the OTCQB under the symbol FTMR.
On behalf of the Board of Directors,
FORTEM RESOURCES INC.
Chief Operating Officer