Hunter Oil Corp. (TSX.V: HOC) (OTCQX: HOILF) is “One to Watch”
Holder of over 23,000 gross acres of two proven, resource-rich oil fields – the Milnesand and Chaveroo fields – in the Permian Basin of New Mexico Historical, recorded production of the fields is approximately 40 million barrels of oil equivalent (BOE), representing less than 10 percent of the oil in place Net present value of reserves, discounted at 10 percent, is estimated at $829.7 million. Debt free and a 100% working interest owner, Hunter Oil benefits from the legacy oil field infrastructure that includes existing roads, power, water injection facilities and other infrastructure Management team boasts decades of experience in…
