Shane Reeves, president and chairman of West Canyon Energy, said: With the proceeds from the sale of our Buena Vista Block, we will be focusing on producing and near-producing developmental projects within the Rocky Mountain region and elsewhere in the US and Canada.
The sale puts a substantial amount of cash into the company and gives us the ability to pursue projects that we otherwise would not have had the opportunity to review. We currently have several producing projects undergoing technical and economic evaluation.
