Stamper Oil and Gas Engages Chapman Petroleum Engineering on Preparation of a Technical Report
14 Diciembre 2017 - 2:15AM
Stamper Oil and Gas Corp. (TSX-V:STMP) (FSE:TMP2)
(OTCQB:STMGF)
(“Stamper” or “the Company”), is
pleased to announce that Stamper has engaged Chapman Petroleum
Engineering Ltd. (
“Chapman”) to prepare a
technical report in accordance with the National Instrument 51-101
- Standards for Disclosure for Oil and Gas Activities (
"NI
51-101") standards and protocols which will be provided to
the Company as part of the contract conditions to the pending
transaction in Sudan.
Chapman will use the previous data and work
completed by previous operators including data collected from a
6,700 km of 2D seismic and 432 sq. km of 3D seismic. The project
area for exploration and production comprises 26,000 sq. km where
the previous operator successfully drilled 3 discovery wells and 7
development wells.
Stamper Oil and Gas Chairman Lutfur Khan
commented, “Stamper is pleased to commence this initial stage of
the NI 51-101 technical report. As we begin to plan a work program
we will look forward to updating the NI 51-101 technical report to
reflect the progress of future exploration."
The Company believes that this basin is going to
be a prolific oil producer in the near term. The Company will
continue to pursue additional projects with similar potential.
About Chapman Petroleum
Engineering
Chapman Petroleum Engineering Ltd. founded in
1985, is a Canadian consulting firm providing comprehensive
petroleum engineering, geological and geophysical and management
services covering the full spectrum of the oil & gas industry,
domestically and internationally. Chapman services include reserve
and economic evaluations and resource assessments, acquisition
analyses, specialized technical studies, property exploitation and
resource management, and representation for regulatory and legal
purposes.
The key professionals at Chapman each have from
25 to 45 years of broadly diversified experience in the oil &
gas industry, domestically and internationally. Chapman are
Qualified Reserve Evaluators and Auditors under Canadian Securities
Regulation Nl 51-101.
About Stamper Oil and Gas
Stamper Oil and Gas Corp. (TSX.V:STMP) is an
independent international oil and gas company, engaged in the
acquisition, exploration and development of conventional oil and
natural gas properties. The Company plans to identify and build out
a portfolio of high-impact oil and gas prospects, with a focus on
Latin America. Stamper is committed to creating sustainable
shareholder value by evaluating and developing future prospects
into commercially viable assets.
For further information on Stamper Oil and Gas please visit
www.stamperoilandgas.com
Qualified Person
The scientific and technical information
contained in this news release has been reviewed and approved by
Qamar M. Malik, MSc., Ph.D., Petroleum Engineering, who is a
"Qualified Person" as such term is defined under National
Instrument 51-101 ("NI 51-101") and Canadian Oil and Gas Evaluation
(“COGE”) Handbook.
ON BEHALF OF THE BOARD OF DIRECTORS
“David C. Greenway”President &
Director
For further information, please
contact:Stamper Oil and Gas Investor RelationsPhone: (604)
684-2401
Email:
ir@stamperoilandgas.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward-Looking Statements
This news release contains certain statements
that may be deemed "forward-looking" statements. Forward looking
statements are statements that are not historical facts and are
generally, but not always, identified by the words "expects",
"plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or
conditions "will", "would", "may", "could" or "should" occur.
Although Stamper Oil and Gas Corp. believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from
those in forward looking statements. Forward looking statements are
based on the beliefs, estimates and opinions of Stamper Oil and Gas
Corp. management on the date the statements are made. Except as
required by law, Stamper Oil and Gas Corp undertakes no obligation
to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors,
should change.
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