Gastem

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Montreal, Canada-based Gastem (CA:GMR) is a gas exploration junior. 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 the Canadian province of 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 the Yamaska Utica shale development that consists of 112,000 acres of drilling rights. Gastem owns a 20% working interest in the property.

Gastem also owns extensive drilling rights in New York and West Virginia.

Raymond Savoie is the President of Gastem.