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 565 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 79 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.

 

Comments are closed.