Mercom Oil Sands intends to develop oil sands properties. Mercom (www.mercomoil.com) has a farm-in agreement with Nordic Petroleum to earn up to 50% of four oil sands leases in the Chard filed in Alberta, Canada. Mercom joined Aim on 29 May 2012 when it raised £3.35m at 10p a share. That valued Mercom at £31.7m.
Sector: Resources
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