02/09/2017 - 16:57

Calima Energy nearly doubles on back door listing

02/09/2017 - 16:57

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Perth oil and gas explorer Calima Energy pulled off a seriously successful back-door listing last week amid a red hot market for its new core asset in Canada’s revered “Montney” oil and gas basin. The stock ran from a theoretical relisting price of 3.3c to a high of 5.9c last week before settling back to 5.3c at weeks end. Their ground in Canada is considered to be highly prospective for oil and gas.

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