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Whitebark Energy sells its last stake in Alberta’s Wizard Lake assets to focus on its Australian Alinya project.
Whitebark Energy has sold its remaining 10% interest in Alberta’s Wizard Lake oil and gas assets to Conflux Energy Corp for C$141,486 (A$154,049).
The transaction allows Whitebark to focus on its Australian projects, particularly the Alinya project in South Australia’s Officer Basin.
The Alinya project spans 20,000 square kilometers and holds potential for significant gas, oil, hydrogen, and helium resources.
Whitebark plans to advance exploration in 2026 with a soil gas sampling program, an exploration well, and a farmout to attract partners.
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Whitebark Energy vende su última participación en los activos de Wizard Lake en Alberta para centrarse en su proyecto australiano Alinya.