Admiral Bay Resources, Inc

From Wikimarcellus

Revision as of 06:35, 5 May 2009; view current revision
←Older revision | Newer revision→
Jump to: navigation, search
Here is where some info about Admiral Bay Resources, Inc should go.
This article is still a stub and needs your attention. It does
not have a template and contains minimal information. Please dive
in and help it grow!

Centennial, Colorado-based Admiral Bay Resources, Inc (TSX Venture: ADB) owns a 50% working interest in 6,000 acres prospective for Marcellus shale that are part of the REVLOC Project, a coal-bed methane (CBM) project in Cambria County, PA. The other 50% partner is Bristol, England's Osceola Hydrocarbons Ltd. It was reported in April that another Centennial, Colorado company, Running Foxes Petroleum Inc actually owned the 50% working interest is the same 6,000 acre REVLOC tract. The relationship, if any, between these three companies awaits further clarification. Osceola's annual report state:

"Our Revloc partner, Admiral Bay,elected not to develop the shale gas and so Running Foxes Petroleum joined forces with Osceola and assumed operation of this project."
  • Steven Tedesco is Admiral Bay's President & C.E.O.
  • Robert Carington is CFO.
Retrieved from "http://waytogoto.com/wiki/index.php/Admiral_Bay_Resources%2C_Inc"
Personal tools