Calima Energy’s early entry into one of the largest resource plays in North America has earned it kudos from leading broker Euroz, who has initiated coverage on the oil and gas upstart with a share price target of almost double its current price . Euroz says that Calima have acquired most of their ground in the coveted Montney Basin at a fraction of the value implied by recent comparable acreage transactions.
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Rank Company Revenue 38th Calima Energy $85.8m 45th GWR Group $71.6m 46th Develop Global $69.9m 49th Catalyst Metals $64.8m 51st Peninsula Energy $64.2m 604 listed resources wa companies ranked by revenue.
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