Tuktu Resources Ltd (JAMGF) Gagner

Tuktu Resources Ltd. is an exploration stage company, which engages in the development of base and precious metals. The company is headquartered in Calgary, Alberta and currently employs 5 full-time employees. The firm is engaged in producing oil and gas properties in southern Alberta. The company owns a diversified asset portfolio, including sweet natural gas assets and sweet light oil opportunities in the southern foothills. The Company, through three asset transactions, has gathered a large block of developed and undeveloped land harboring at least three light oil targets, a highly fractured sweet gas reservoir, and a proven fractured light oil reservoir at the edge of the foothills belt. Its Deep Basin Light Oil presents numerous near-term light oil exploitation opportunities. The company has a 100% owned and operated sweet gas plant. Gas from 2 deviated wells in highly fractured Cretaceous reservoirs is processed at this gas plant. The company has also acquired minor light oil production over a Foothills Light Oil structure south of Pincher Creek.