Calima Energy Ltd resumes trading after raising A$37.9 million and acquiring oil producer

Calima Energy resumes trading after raising A$37.9 million and acquiring oil producer
The company has acquired Blackspur Oil Corp, which owns producing oil and natural gas assets in two core areas within Alberta, Canada.
Calima aims to produce an average of 3,000 barrels of oil equivalent per day between May and December 2021.
Calima Energy Ltd (ASX:CE1) has resumed trading on the ASX as a conventional oil and gas producer focused on generating free cash flow from the development of assets in western Canada.
This follows a strongly supported capital raising which raised A$37.9 million and the acquisition of Blackspur Oil Corp.

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