Fortem Resources Inc is a diversified natural resource company with mainly oil and gas assets in North America. Fortem has five wholly-owned subsidiaries named Colony Energy, Black Dragon, Rolling Rock Resources, Big Lake Energy and City of Gold. This unique corporate structure gives Fortem a wide range of options in raising capital, preventing share dilution and creating future spin-outs into public companies, while maintaining a substantial interest. Withstanding City of Gold, the remaining four companies hold over 350,000 acres of prolific oil and gas fields, with proven reserves, production and future development for 2019. Fortem’s resilient management, was fortunate to lead the company in the right direction during the oil price downturn and selectively acquired accumulated ready-made projects from companies who were forced to sell. Fortem’s highly experienced and knowledgeable management have positioned the company to be able to withstand low oil prices and benefit extremely from higher prices. As a resource company, Fortem’s team realizes that diversification within the sector will allow for various opportunities to enhance shareholder value. In this case, the company has come across a rare international gold mining asset in Myanmar, South Asia. With 465 square kilometers of mining area, City of Gold has the potential of unlocking one of the largest gold mines in the world. The company has appointed a highly qualified team with over 30 years in the minerals industry. Fortem has recently enhanced its technical, operating and management team to help achieve its goals with the various developments of its current and future assets. Our professionals have encountered a wide variety of business experience during their careers, spanning from 20 to 35 years in their respective disciplines. The team has achieved proven success in conventional and non-conventional oil and gas plays throughout North America and internationally. Their extensive experience and knowledge have lead to nurturing excellent ongoing relationships globally with capital markets, governments, field and operational service teams, which will assist in furthering the Company’s objectives.
Key Facts
Our Corporate Vision Energy. Growth. Vision
Build its company to withstand downturns in the oil and gas industry. Focused on optimizing its current assets to enhance company value. Continue to grow its asset base on acquisitions, farm-ins, joint ventures and land sale purchases. Target high working interest opportunities with year-round access, strong growth and economic potential in proven oil and gas areas throughout the world. Searching for regions with low geological risk and potential for high netback revenues. Dedicated to minimizing shareholder exposure to uncertainty.
Company Name | Fortem Resources Inc |
Business Category | Oil & Gas |
Address | 1411 East 840 North Orem Utah United States ZIP: 84097 |
President | NA |
Year Established | 2017 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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Name | Position | Contact Details | Subscribe to view |
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*** | Geological Consultant | Locked content | |
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