Tuesday, February 19, 2013 1:45:46 PM
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2013) - Altima Resources Ltd. (TSX VENTURE:ARH)(PINKSHEETS:ARSLF)(FRANKFURT:AKC) ( announces the Altima Chambers 14-35-41-11 W5M well spud on February 16, 2013 and drilled to a depth of 632 meters where casing was set. The 14-35 well is to be drilled to a depth of approximately 3,090 meters into the Nordegg formation.
The 14-35 well is the first well drilled under Altima's Participation Agreement with Whistler Oil and Gas Pty. Ltd. (refer to News Release January 24, 2013). The 14-35 well is located approximately 5 kilometers to the north of the COPOL ET AL HZ CHAMBERS 14-15-41-11 W5M well drilled and completed in 2012.
The Company's mostly contiguous land base at Chambers-Ferrier totals twenty (20) sections (12,800 gross acres) with an approximate average working interest of 97.2% in 10 of the 20 sections and varying interests in eight (8) wells.
Richard Switzer, CEO, President and a Certified Professional Geologist, is the Qualified Person under National Instrument 51-101
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