Alberta
By OGJ editors
HOUSTON, Jan. 7 – Yoho Resources Inc., Calgary, secured 5,120 acres at 100% working interest strategically located on a new resource play focused on the Devonian Duvernay formation in the Kaybob area 150 miles northwest of Edmonton, Alta.
The company assembled the lands in the last 6 months at attractive prices relative to the recent highly competitive land sale of Dec. 16, 2009. Ongoing geological and geophysical work will dictate the timing of any field work in this area, the company said.