Unbridled Energy Corp. (TSX-UNE) Provides Investors with Operational Update
Unbridled Energy announced that it is finalizing its land strategy on three internally-generated shale gas plays located in western Canada. The company is expected to be well-positioned to move on these plays after completing negotiations with third parties. The company holds an averaged 35% working interest in over 10,000 acres with the option to acquire an additional 3,840 acres in the Chambers area of Alberta. Recently, Unbridled has taken over as operator of the Chambers play and plans to tie in two wells this year. The above-average rainfall has delayed the company’s operations, but construction has now begun to build…