September 03, 2013
Atikwa Announces Definitive Agreement for Hansar Acquisition and Successful Outcome of Shareholders Meeting
The Atikwa Strategy
Stop looking for oil. Go to where you know there is oil and concentrate on improving the amount of oil recovered.
Atikwa’s strategy is quite simple:
take positions in or near existing fields or areas with large volumes of original oil in place (OOIP). Many of these fields have been ignored or under developed due to historically low recovery. Then focus on enhancing recovery through improved drilling and completion strategies that take advantage of the ongoing advances in horizontal drilling and multi-stage hydraulic fracturing technology.
Atikwa Resources(TSX VENTURE:ATK) is a well-positioned junior oil company with a proven management team committed to the aggressive, cost effective growth of near term, high netback light oil reserves and production.