Transerv Energy, Mako Hydrocarbons and Tamaska Oil & Gas announced on Tuesday that CPO would farm-in for a 50% working interest in the Alberta joint venture, comprising the Duvernay shale and Rock Creek projects.
According to Mako, the deal involves CPO funding a work programme worth up to C$220 million (US$214 million), including the drilling of 20 wells over three years to appraise and develop the Duvernay shale lands.
The
