| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Joe Edward Robin DeVries CEO | XSTU Exchange | CA02148X2059 ISIN |
| CA Country | - Employees | - Last Dividend | 13 Apr 2017 Last Split | - IPO Date |
Altima Resources Ltd. is a junior energy company that plays a significant role in the petroleum and natural gas sector in Canada. Since its incorporation in 2003, the company has dedicated itself to the acquisition, exploration, and development of potential petroleum and natural gas projects across Canada. Positioned in Vancouver, Canada, Altima Resources focuses on seizing undervalued oil and gas assets and placing emphasis on low risk high return asset enhancement. With its strategic operations, the company aims to identify and exploit existing reserves while ensuring sustainable and profitable growth.
Altima Resources specializes in identifying and acquiring oil and gas assets that are undervalued in the market. This strategy enables the company to secure significant energy resources at lower costs, essentially creating value from overlooked or underappreciated segments within the energy sector.
The core business activities of Altima Resources revolve around the exploration and development of petroleum and natural gas. By leveraging advanced technologies and methodologies, the company seeks to discover new reserves and enhance the productivity of existing ones, ultimately contributing to energy supply diversification and security.
Altima Resources prioritizes strategies that offer low risk but high return on investment. This approach involves optimizing and enhancing the value of existing oil and gas assets through efficient operations, technological improvements, and cost-effective solutions, ensuring profitability and sustainability of its projects.
The company holds interests in light gravity oil and liquid-rich high impact gas targets. These assets represent a strategic component of Altima Resources' portfolio, providing a balance of product types that cater to different market demands and price dynamics, further stabilizing the company's revenue streams and growth prospects.