Friday, July 30, 2010



» Domestic Oil & Gas » Jayar, Alberta

Jayar, Alberta

Property Description

  • Located in Townships 61-62, Ranges 2-4  W6M, approximately 80 kilometers   southeast  of Grande Prairie, Alberta

  • 6,560 acres (gross), 10.2 sections (gross)

  • 795 (net), 1.2 sections (net)


Geology

  • Primary producing horizon is the Dunvegan from 7 main zones


Product Quality

  • Sweet 40o Oil + 1,175 BTU Gas & NGL’s


Ownership Interest and Operatorship

  • 92.75 - 85.5% Operated Working Interest by Twin Butte Energy Ltd.

  • 7.25 - 14.5% Working Interest to Exall Energy Corporation


Production

  • 16 producing wells

  • Currently producing approximately 750 boe/d (6:1)


Capital Expenditures

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


Net to Exall

  • Currently approximately 105 boe/d


Facilities

  • The wells currently produce to a multi-well oil battery complete with a solution gas processing facility for the recovery of hydrocarbon liquids and sales compression.