08:32:14 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



First Mountain Exploration Ltd
Symbol FMX
Shares Issued 41,851,534
Close 2014-04-15 C$ 0.06
Market Cap C$ 2,511,092
Recent Sedar Documents

First Mountain temporarily stops Atlee production

2014-04-16 17:40 ET - News Release

Mr. William Ambrose reports

FIRST MOUNTAIN EXPLORATION LTD. ANNOUNCES FILING OF 2013 FINANCIALS AND RESERVE DATA, PROVIDES OPERATIONAL UPDATE AND ANNOUNCES THE APPOINTMENT OF A NEW CFO

First Mountain Exploration Ltd. has filed on SEDAR its audited annual financial statements, and management discussion and analysis (MD&A), for the year ended Dec. 31, 2013. First Mountain has also filed its reports under Section 2.1 of National Instrument 51-101, standards of disclosure for oil and gas activities. Copies of the financial statements, MD&A and the NI 51-101 filings of the company are available for viewing on SEDAR.

Production is temporarily shut in at its Atlee Buffalo property due to mechanical problems. The Atlee Buffalo horizontal well at 14-20-21-05W4M experienced a steady decline in production prior to ceasing production as a result of what the company expects is a tubing leak. The company is reviewing options to confirm and repair the problems in order to bring the wells back on production.

Further, Janet Scase has resigned as vice-president, finance, and chief financial officer, effective April 17, 2014. The company wishes to thank Ms. Scase for her contributions, assistance and guidance over the past three years, and wishes her well in her future endeavours.

The company has appointed Rick Hammermeister as vice-president, finance, and CFO, effective April 17, 2014, subject to the approval of the TSX Venture Exchange.

We seek Safe Harbor.

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