|
|
|
|
Property Description - Located in Township 10 Range 10 W4M, approximately 200 kilometers Southeast of Calgary, Alberta
- 360 acres (gross), 0.56 sections (gross)
- 94 acres (net), 0.15 sections (net)
Geology - Primary producing horizon is the Glauconite channel
- Infill well order allows drilling with 50m inter-well spacing
- 3-D seismic coverage showing development locations
Product Quality Ownership Interest and Operatorship - 26% to 40% Working Interest Operated by Exall Energy Corp through wholly-owned subsidiary Kingsmere Exploration Ltd.
Production - 1 producing well
- Currently producing approximately 20 bopd
Capital Expenditures - Currently drilling new development wells
Net to Exall - Currently approximately 8 boe/d
Facilities - The well currently produces to single well battery
- Site is electrified with low operating expenses
- Non-Operated water injection facilities and pressure maintenance
|
|
|
