Westmount Energy lifts stake in JHI Associates to 7.2%

  • Dec 22, 2020
  • Stock Market Wire

StockMarketWire.com - Oil company Westmount Energy said it had paid $0.4 million to up its stake in is JHI Associates to around 7.2%.

JHI was a private, Ontario-registered, company established in 2014 focused on oil exploration opportunities in the emerging Guyana-Suriname Basin.

It's main asset is a 17.5% carried interest in the Canje Block covering over 4,800 square kilometres, offshore Guyana.

At 9:14am: [LON:WTE] Westmount Energy Ltd share price was 0p at 21p

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