Home
About
Management Team
Board of Directors
Corporate Governance
Operations
Swan Hills
NW Alberta
Corporate Presentation
Investors
Contact
Menu
Home
About
Management Team
Board of Directors
Corporate Governance
Operations
Swan Hills
NW Alberta
Corporate Presentation
Investors
Contact
Operations
Swan Hills
NW Alberta
Swan Hills
Primary Production Development:
Swan Hills Fm. light oil
57 producing, operated wells
1,050 bbl/d production (100% oil)
<8% decline rate
38 deg API light oil
478 mmbbl OOIP
Cycle 3 – 242 mmbbls OOIP
Cycle 2 – 157 mmbbls OOIP
Cycle 1 – 79 mmbbls OOIP
57 mmbbls oil recovered to date (12%)
70 mmbbls oil of unbooked incremental potential recovery @ 30%
178 future locations (TP+P)
$50/bbl operating netbacks @ $80 USD/bbl WTI
62,240 total acres 95% W.I. avg
Swan Hills Light Oil Development
NW-Alberta
Primary Production Development:
Prestville oil: Slave Pt. Fm.
14 producing, operated wells
600 boe/d production (80% oil)
8% production decline
38 deg API light oil
20 mmbbl Reserves OOIP
8% recovery to date
4.4 mmbbls of unbooked potential incremental recovery @ 30%
$40/bbl netbacks @ $80 USD/bbl WTI
Hotchkiss/Chinchaga gas:
Slave Pt. Shunda, Debolt
60,160 total acres (NW AB)