Gastem
From Wikimarcellus
(Difference between revisions)
Revision as of 02:45, 6 November 2008
Montreal, Canada-based Gastem (CA:GMR) is a gas exploration company. It owns drilling rights to approximately 3,135 sq. km. of land in the St. Lawrence Lowlands, the Gaspe Peninsula and the Magdalen Islands in Quebec. It is presently involved in a joint venture with Canadian Forest Oil and Questerre Energy Corporation to develop the Yamaska property in the St. Lawrence Lowlands. Forest is the operator of this Utica shale development that consists of 112,000 acres of drilling rights. Gastem owns a 20% working interest in the property.
