UTS Announces Contingent Resources, Drilling Results From Firebag Area

摘要

UTS Energy Corporation has announced the addition of its Frontier project to its contingent bitumen resource status following the results of an independent review of bitumen resources for its three major oilsands projects.A three-year exploration program has resulted in identifying two additional oilsands mining projects: Equinox and Frontier in which UTS holds a 50% working interest in both with Teck Cominco holding the rest.