Giant Oil & Gas Inc. (GGSIF.OB) announced that the company plans to acquire an additional 2 parcels of land in the company’s wholly owned Highvale region project, west of central Alberta. By seeking to acquire additional land, the company will be able to increase the size of their overall holdings, while also strengthening their foothold in this region.
Giant’s Highvale Project currently consists of over 6,000 acres, directly northeast of the Canadian Pembina region. This area is often regarded as being under explored yet holds considerable multi zone oil and gas potential.
Mr. Rob Sandu, President of Giant, stated, “We believe the entire area has significant potential for high-impact light oil projects and as such we have carefully assembled a valuable land package in one of the most exciting oil & gas regions on the continent.”
Giant Oil & Gas Inc. is a junior oil & gas exploration company focused on oil exploration in two areas. These areas include the northeast extension of the Pembina Nisku Trend in west central Alberta and the massive Suffield Block in southeastern Alberta, both having significant oil reserves.
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