CALGARY, Sept. 16, 2019 /CNW/ - Cuda Oil and Gas Inc.
("Cuda" or the "Company") (TSXV: CUDA) is pleased to
announce that it has posted a new corporate presentation at
www.cudaoilandgas.com. The presentation provides
extensive detail on its strategic focus on its primary assets in
the Powder River Basin in Wyoming.
Glenn Dawson, President and Chief
Executive Officer of Cuda stated: "Our position in the Powder River
Basin offers multiple scalable, low-risk exploration and
development opportunities. Unlike many other basins in North America, the Powder River Basin has
ample take-away capacity which translates into some of the
industry's highest netback oil production. As we have outlined in
our new corporate presentation, there are several material
operating milestones through the end of 2019. We look forward to
updating the market on our progress."
About Cuda Oil and Gas Inc.
Cuda Oil and Gas Inc. is engaged in the business of exploring
for, developing and producing oil and natural gas, and acquiring
oil and natural gas properties across North America. The Cuda
management team has worked closely together for over 20 years in
both private and public company environments and has an established
track record of delivering strong shareholder returns. Cuda
will continue to implement its proven strategy of exploring,
acquiring, and exploiting with a long-term focus on large, light
oil resource- based assets across North
America including significant operational experience in the
United States. The Cuda management team brings a full
spectrum of geotechnical, engineering, negotiating and financial
experience to its investment decisions.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE Cuda Oil and Gas Incorporated
