Squatex Energy and Ressources Inc is a Canada-based oil and gas exploration company. The principal activities of the Company are exploration and development of oil and gas properties in the territory of Quebec. The Company owns approximately 36 licenses totaling 6,560.93 square kilometers (1,621,205 acres) for oil and gas exploration in the Quebec Appalachian Basin over the St. Lawrence Lowlands and the St. Lower St. Lawrence-Gaspe areas. The Company's properties in the St. Lawrence Lowlands consist of approximately 2,249.33 square kilometers (555,809 acres) of licenses that constitute a position in the Utica-Lorraine's unconventional targets. It also owns properties in the Lower St. Lawrence-Gaspe region that consist of approximately 4,311.60 square kilometers (1,065,396 acres) of licenses between Rimouski and Riviere-du-Loup that are prospective for oil and gas in Silurian reef targets and in areas of hydrothermal dolomites.