Property Description
- Located in Townships 74-75, Ranges 4-6 W5M, approximately 200 kilometers Northwest of Edmonton, Alberta
- 60,520 acres (gross), 94.1 sections (gross)
- 43,387 acres (net), 67.5 sections (net)
Geology
- Primary producing horizon is the Gilwood Formation from two zones
Product Quality
- Sweet 40o API Oil
Ownership Interest and Operatorship
- 59.34 to 73.89% Working Interest Operated by Exall Energy Corporation
Production
- 3 producing wells
- Currently producing approximately 1,190 bopd
Capital Expenditures
- Currently there are 3 drills planned for the fall of 2011 and 3 drills planned for the winter of 2012
Net to Exall
- Currently approximately 1,253 boe/d
Facilities
- The wells currently produce to a multi-well battery
- Operated water injection wells and facilities provide pressure maintenance
