CALGARY, April 10, 2017 /CNW/ - Softrock Minerals Ltd (SFT on TSX-V) announces in a progress report for the first quarter of 2017 that an independent engineering report filed with SEDAR states that Softrock's reserves during 2016 increased over 200 % to $308,000 at a 10% discount.
President Nick Taylor commented that the welcome increase in reserves was due to the start-up of production from the Northern Alberta Charlie Lake oilfield where only the first well has been completed on the company's 640 acre lease.
SOURCE Softrock Minerals Ltd.
View original content: http://www.newswire.ca/en/releases/archive/April2017/10/c1798.html