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Artisan Energy Corp. Details Farm-outs Update

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January 16, 2014

Artisan Energy Corp. (TSXV: AEC.V) updated two of its exploration farm-outs, first detailed Dec. 30, on Jan. 16. The farm-outs are in the Wilrich sandstone in central Alberta, and the Conrad property in the province’s southeast. They have both yielded results for the company, Artisan said.

A third party has a 60% working interest in 640 acres, where the 1-20-52-7W5 Wilrich test well is located, the company said. The vertical well is at the Tomahawk property in the Wilrich sandstone. The vertical well yielded a “substantial” gas pool underlying much ...

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