Crocotta Energy Inc. (T.CTA) hit a new 52-week high of $2.90 Wednesday. Crocotta Energy Inc. announced it has signed a farm-in agreement in the Edson area of Alberta targeting liquids-rich gas in the Bluesky formation.
Under the terms of the Agreement, Crocotta will earn up to 11 (9.0 net) sections of land including all rights from the base of Cardium to the base of Bluesky. Crocotta has agreed to drill 2 (1.5 net) Bluesky horizontal wells to earn 100% of the farmor's working interest subject to a non-convertible GORR retained by the framor.
Crocotta plans to drill the first earning well (0.5 net) early in Q411 with the second commitment well to be drilled late 2011 or early 2012.
ATS Automation Tooling Systems Inc. (T.ATA) hit a new 52-week high of $7.70 Wednesday. No news announcements today
CGI Group Inc. (T.GIB.A) hit a new 52-week high of $23.14 Wednesday. No news announcements today
Alimentation Couche-Tard Inc. (T.ATD.B) hit a new 52-week high of $28.93 Wednesday. No news announcements today
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