Edge Resources Inc. (TSXV: EDE) has moved a drilling rig and spudded the first of several planned drilling locations in Primate, Saskatchewan.
Resulting from a recently-shot 3D seismic program, the company has discovered what it believes to be three new oil pools in an area the company calls Asset East. The rig has been brought in to start the development program of Asset East and is drilling the first of what the company expects will be many development and delineation wells drilled into these oil pools.
The company believes these ...