- Business
- Mountainview Energy Ltd. (MNVWF) is a public oil and gas company listed on the TSX Venture Exchange that engages in the exploration, acquisition, development, and production of petroleum and natural gas reserves, primarily in the states of Montana and North Dakota in the United States; its core activities include drilling and bringing on new wells in formations such as the Three Forks and Torquay, with recent examples featuring initial production rates of 401 boe/d and 291 boe/d respectively, as well as operational updates on multi-well drilling programs like the 12 Gage project. Founded in 2000 and headquartered at 33 First Avenue SW, PO Box 200, Cut Bank, Montana 59427, the company targets prospects in the Bakken-adjacent regions, including the Medicine Lake Prospect where it completed the acquisition of a 20% stake in 67,000 acres from Carter Stewart and James Arthaud. Recent developments encompass the advancement of drilling initiatives and land acquisitions to expand its resource base in these key U.S. basins, alongside historical fundamental acquisitions and private placements to support growth, with no major funding rounds or partnerships announced in the past one to two years.