Altai Resources, Inc. engages in the exploration and development of natural resource properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2001-10-10. The firm also has a Canadian investment portfolio comprised of cash, cash equivalents, and marketable securities. The company has 100% interest in the heart of the St. Lawrence Lowlands Utica Shale gas play in Quebec - the Sorel-Trois Rivieres natural gas property of five permits aggregating to 68,483 hectares (169,221 acres), with significant potential for hydrocarbon production and storage. In addition, Altai retains a 15% gross royalty in the adjoining permit of 12,334 hectares (30,477 acres) held by Repsol Canada Energy Partnership. The firm also has 45% working interest in the Cessford oil producing property of 240 acres of Alberta Crown leases in the Cessford area of central Alberta.
Follow-Up Questions
Who is the CEO of Altai Resources Inc?
Mr. Kursat Kacira is the Chairman of the Board of Altai Resources Inc, joining the firm since 2024.
What is the price performance of ARSEF stock?
The current price of ARSEF is $0, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Altai Resources Inc?
Altai Resources Inc belongs to Energy industry and the sector is Energy
