Unbridled Energy’s stock is experiencing a very nice day after bouncing from yesterday’s low of $0.3. Since today’s opening bell, the stock has increased from $0.40 to the day’s high at $0.46.
The company recently updated its investors regarding its latest developments. It is currently pursuing the acquisition of additional land surrounding its Chautauqua Lake Property. The acquisition includes deep rights below Unbridled Energy’s existing property.
Unbridled is also excited about expanding its position in the U.S. and is actively working to finalize partnership agreement with another well known and respected operator to drill and test the Devonian shales in Ohio. The company’s plans include testing the shales with horizontal and vertical wells.
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