The Toronto-listed outfit aims to drill the well to a target depth of 2600 metres with a Simmons land rig, a goal expected to take 30 days and cost $9 million.
"Juban is our shallowest prospect and drilling this prospect will allow us to begin assessing the potential of the carbonates in the northern part of the country, outside the areas of current production," chief executive Glenn McNamara said.
The
