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Calima Energy: Strong cash generation with large resource upside

Calima Energy: Strong cash generation with large resource upside

Anish Kapadia from Hannam & Partners offers his analysis of Calima Energy Ltd's (ASX:CE1). Calima is an Australian listed E&P company, focused on Canada, an established energy market with a supportive energy policy.

It has exposure to a large-scale wet gas play in the Montney and - with the completion of its C$61.5mm acquisition of Blackspur on 3rd May - low-cost, high return, oil weighted assets in Alberta.

For Kapadia's full report click here: https://calimaenergy.com/hannan-partners-research-report/