Friday, July 30, 2010



» Domestic Oil & Gas » Bow Island, Alberta

Bow Island, Alberta

Property Description 

  • Located in Township 10 Range 10 W4M, approximately 200 kilometers Southeast of Calgary, Alberta

  • 40 acres (gross), 0.06 sections (gross)

  • 8 acres (net), 0.01 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 

  • Low sulphur 16o  API Oil  


Ownership Interest and Operatorship 

  • 20.00% Working Interest Operated by Exall Energy Corporation. 


Production 

  • 1 producing well

  • Currently producing approximately 10 bopd 


Capital Expenditures 

  • Currently there are no capital expenditures identified for the drilling of any new wells


Net to Exall

  • Currently approximately 2 boe/d


Facilities 

  • The well currently produces to single well battery

  • Site is electrified with low operating expenses
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