タイトルまたは説明

2 separate options ready to go.  These are off market:

1) Current production 9,**6 BOED
*2% liquids
*7% Working Interest, operator for all production
Includes 5 batteries and 1 plant ï‚·
*3,**0 MBOE of 2P reserves
Over 1,**0 booked and unbooked locations identified o $*9,**0,**0 CDN free cash flow in ***5
Natural gas flood initiated
**6,**0 ac developed, *9,**3 ac undeveloped
ï‚· Well Cost: $1,**0,**0 per well o Netback ~ $*8.*0/boeo Payout in under 2 year.

2) Current production 2,**4 BOED (***3 BOE/d Oil) o *8% liquids o *7% Working Interest, operator for all production o **4 producing wells • 2,**0 MBOE of PDP reserves • *1,**0 ac developed, 5,**0 ac undeveloped • Well Cost: $**0,**0 per well
o Opex and transport ~ $*2.*0/boe • At $*0 US WTI o Greater than *0% rates of return o *4 month payoutCurrent production 2,**4 BOED (***3 BOE/d Oil)