Tenth Avenue Petroleum Corp. Stock Analysis TPC.V

Tenth Avenue Petroleum Corp. is a junior oil and gas exploration company. The company is headquartered in Calgary, Alberta. The company went IPO on 2005-03-24. The firm is engaged in the exploration, development and production of crude oil and natural gas properties in western Canada. Its operations include Murray Lake, Vulcan, Patricia / Dinosaur, Swan Hills Unit#1, Hays and Bow Island. The firm has a 100% working interest (WI), consisting of producing Sunburst oil wells, 7-36 facility, water source wells, and injection wells, all located in Murray Lake. The Vulcan is located between the cities of Calgary and Lethbridge on Hwy 23, where the Company owns 100% WI, consisting of five producing oil wells and a multiwell oil facility. The company owns certain oil and gas assets in the Patricia area located northeast of Brooks, Alberta. The assets comprise a non-operated 49% Unit Participation plus 25% working interest in eight non-unit wells in southern Alberta with 10,240 net acres.