Petrolympic Ltd. (PCQ.V) is a Canadian junior oil and gas company actively exploring for premium light crude oil and natural gas in North America. The Company is presently focused on its near-term oil production 8,000+ acre asset in the prolific Maverick Basin of Texas, USA.
The company also has assets located in the Utica Fairway of Quebec, Canada and holds 100% interest in exploration rights over 97,507 hectares (240 883 acres) and 30% interest in 36 exploration permits totaling 672 438 hectares (1 661 594 acres) in the Gaspé Peninsula and St. Lawrence Lowlands where shale oil and shale gas targets are abundant.
Petrolympic is targeting hydrothermal dolomite hosted conventional and unconventional light oil where oil showings have been previously observed in geological outcrop sampling and coring programs together with its private JV partner Energie Squatex Inc.
Formerly known as Petrolympia Inc., Petrolympic Ltd. boasts significant land positioning, promising geology, systematic exploration, accessible infrastructure and experienced management.