Altai Resources Inc
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- | '''Altai Resources Inc.''' (TSX VENTURE: ATI) owns a 59.4% interest in drilling rights to 282,317 acres located in the [[Saint Lawrence Lowlands|St. Lawrence Lowlands]], Province of Quebec, Canada. | + | '''Altai Resources Inc.''' (TSX VENTURE: ATI) owned a 59.4% interest in drilling rights to 282,317 acres located in the [[Saint Lawrence Lowlands|St. Lawrence Lowlands]], Province of Quebec, Canada. |
In late December, 2008 the company announced that it had bought out its joint venture partner, ''Petro St-Pierre Inc.'', and now owns 100% of the above leasehold. In addition it owns a 15% gross royalty interest in an additional 33,000 acres in the same area owned by [[Talisman Energy Inc.|Talisman Energy Canada]]. | In late December, 2008 the company announced that it had bought out its joint venture partner, ''Petro St-Pierre Inc.'', and now owns 100% of the above leasehold. In addition it owns a 15% gross royalty interest in an additional 33,000 acres in the same area owned by [[Talisman Energy Inc.|Talisman Energy Canada]]. |
Revision as of 18:16, 31 December 2008
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Altai Resources Inc. (TSX VENTURE: ATI) owned a 59.4% interest in drilling rights to 282,317 acres located in the St. Lawrence Lowlands, Province of Quebec, Canada.
In late December, 2008 the company announced that it had bought out its joint venture partner, Petro St-Pierre Inc., and now owns 100% of the above leasehold. In addition it owns a 15% gross royalty interest in an additional 33,000 acres in the same area owned by Talisman Energy Canada.
Niyazi Kacira is Altai's President, and Maria Au is the Secretary-Treasurer.
59.4% as of December 31, 2007) and operator of the property