Calima Energy well financed for drill campaign and development

CALIMA Energy has conducted an over-subscribed placement and raised A$25 million which it will use on its drilling campaign in its newly acquired Canadian interests.

Calima Energy well financed for drill campaign and development Calima Energy well financed for drill campaign and development Calima Energy well financed for drill campaign and development Calima Energy well financed for drill campaign and development Calima Energy well financed for drill campaign and development

Calima has newly acquired interests in the Montney formation in Canada

 
 
Tribeca Investment Partners cornerstoned the placement and have agreed to arrange project development finance facilities of up to $40 million.