Altima Resources Ltd. says that on July 23, 2013 it acquired a 100% working interest in section 36 Twp. 41 Rge, 11 W5M, the 10-36-41-11 W5M well (the "10-36 Well"), and an approximate 4.36 km 4.5 inch natural gas pipeline.

The subject pipeline ties the 10-36 Well to the Baytex Aurora Gas Gathering System tie in point at the 04-04-41-11 W5M Baytex compressor station. This line will provide the tie in point for the Altima 14-35-41-11 W5M Well (the "14-35 Well") in Chambers, Alberta.

Altima has now completed testing of the 14-35 Well. The 14-35 Well was completed in six sweet liquids rich gas formations from May to July 2013.

Tags: Altima Resources Ltd