Yoho Resources Stock Forecast, Price & News

Yoho Resources Inc. (Yoho) is a Canada-based oil and gas exploration company. The Company is engaged in exploration for and development and production of crude oil and natural gas in Western Canada. All of its operations are located in the Provinces of Alberta, British Columbia and Saskatchewan. Yoho has a range of exploration targets within the Western Peace River Arch in the Province of Alberta. The targets for exploration include the Triassic aged wedge of sediments that subcrop throughout the area, including the Doig, Halfway, Boundary Lake, Charlie Lake and Baldonnel formations and the Cretaceous aged sediments, including the Gething and Bluesky formations. The Company holds a 50% working interest in 19 producing Bluesky gas wells, 55% interest in two producing oil wells in Manir and a 40% working interest in six producing oil wells and two gas wells in Sweeney. Yoho also has varying interests in 15 producing gas wells in Buick Creek. On June 30, 2010, it acquired Canoil Inc.