TSX: CTA       Centaurus Energy Inc.
Last Price Today's Change   Day's Range   Trading Volume
0.08   +0.005 (6.67%)  0.07 - 0.08  27,000


Avg Volume (4 weeks):0
Average Price Target: 5.25
Price Target Upside/Downside: +5.17


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Business Background

Crocotta Energy Inc. (Crocotta) is an oil and natural gas company. The Company is engaged in the acquisition, development, exploration, and production of oil and natural gas reserves in Western Canada. As at December 31, 2011, Crocotta's oil and gas assets produced approximately 6,500 barrels of oil equivalent per day (boe/d) of oil, natural gas and natural gas liquids (NGLs). As of December 31, 2011, the Company owned approximately 176,000 gross (149,700 net) acres of undeveloped land. It holds an average 75% working interest in over 65 sections of land in the Edson area of west-central Alberta, of which 18,500 gross (14,000 net) acres are undeveloped land. It holds an average 85% working interest in 14,000 gross (12,000 net) acres of undeveloped land in the Dawson and Glacier areas of northeastern British Columbia. In August 2014, Long Run Exploration Ltd acquired Crocotta Energy Inc

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