CEC’s diversification into the Deep Basin area provides exposure to prospective development programs that supports our corporate growth strategy. CEC is building a land base in Alberta targeting both conventional and unconventional oil and liquids rich natural gas prospects. To date, the Company has accumulated a material position in highly prospective acreage in our targeted fairway.
CEC will continue to evaluate and identify opportunities to add to its undeveloped land base in order to achieve its current strategy focused on acquisition and production growth.