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Unitech Energy Resources Inc. is a Calgary–based junior oil and gas exploration company with a proven management team committed to exploring and developing cost effective growth of light oil reserves.
The management team believes their previous experience in expanding and defining the Bakken resource play in southeast Saskatchewan through horizontal well drilling and multi-stage completions will be invaluable and transferrable in the development of other emerging resource plays in the Western Canada Sedimentary Basin. Unitech Energy Resources Inc. is optimistic that the current market environment provides an excellent opportunity to position the Company as a strong player in large resource-in-place assets.
At a meeting of the shareholders to be held on June 24, 2011, the shareholder of Unitech Energy Resources Inc. will be asked to approve a consolidated of its common shares on a 10 old for 1 new basis and change the name of the Corporation to “Jadela Oil Corp”.
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