Tuscany Energy Ltd. has recently acquired a 100% interest in 567 acres adjacent to its Macklin heavy oil pool, comprised of a producing natural gas well and rights to the Sparky formation.
The significance of this acquisition is that it increases Tuscany's holdings in the Macklin area to a 100% interest in approximately 1,400 acres of prospective oil bearing Sparky lands.
The Sparky zone at Macklin is a potentially productive oil zone with bypassed wells exhibiting log characteristics, which Tuscany believes is analogous to recently developed pools situated approximately 12 miles to the west in Alberta.
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Tuscany Energy Ltd.
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