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Calima Energy Ltd sees major oil & gas potential in Canada s Montney Formation

Calima Energy sees major oil & gas potential in Canada’s Montney Formation Covering some 130,000 square kilometres in western Canada, the Montney Formation is a major source of natural gas and oil. Calima is seeking to play a large role in the global energy transition. Calima Energy Ltd (ASX:CE1) believes the Montney Formation in western Canada - in which it has several core assets - could play a leading role in the global energy transition. The Montney Formation covers about 130,000 square kilometres in the Canadian provinces of British Columbia and Alberta, and is a major source of shale gas and tight oil.

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