• TSX CVI.A
  • CAD 0.90
  • Change
  • -0.01
  • Vol
  • 59032
  • Day High
  • 0.91
  • Day Low
  • 0.90

Operations

Calvalley is an international oil and gas company focused on exploration and development of Block 9 in the
Republic of Yemen.

Operations

Yemen

The Company has a 50% working interest in the Malik Block 9 Joint Venture in Yemen. The Company's right to produce crude oil under the Production Sharing Agreement ("PSA") continues to 2025, with a provision for a 5 year extension. The ownership of all assets, tangible and intangible, remains with the Yemen authority.

Canada

Existing properties are comprised of a small working interest in one property in Saskatchewan and overriding royalties.

Calvalley's expertise lies in its operating capabilities in the Middle East and Africa. The Company understands the technical, business, operational and cultural aspects of the oil and natural gas sector in the region. Calvalley continues to evaluate additional opportunities in the region to further lever this expertise.

Why Invest in Calvalley?
Why Invest in Calvalley?
A solid ability to generate positive cash flow.
As at December 31, 2013, the Company had 78.0 million common shares outstanding. Additionally, there were 3.8 million options outstanding that were issued pursuant to the Company's Stock Option Plan (average exercise price - $2.50/share CDN).
© 2013 Calvalley Petroleum Inc. Privacy / Legal      inquiries [at] calvalleypetroleum [dot] com