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Ricinus, Alberta

Fracture Enhanced Cardium
Halo At Ricinus  (FECHAR)

  • Cardium oil and liquids rich gas (no water) halo play with fracture enhanced permeability

  • Approximately 100,000 Acres Cardium Rights (1)

  • Two horizontal Cardium test wells

  • Approximately 300 horizontal Cardium horizontal well locations (2)

  • >300 mmboe recoverable resources (3)

  • Easy access to land via extensive existing infrastructure

  • Additional opportunities in Mannville, Viking and Belly River plays on Shale land

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(1) Total gross Cardium rights in Ricinus area approximately 150 sections gross, 110 sections net.

(2) Locations are based on a Shale’s prospective acreage using a 1600m lateral length and industry-accepted practices of orientation and spacing.

(3) Recoverable resource estimated from in place volume calculations and industry-standard recovery factors for oil and gas.

Harmattan, Alberta

Mannville and Cardium
vertical production

  • Oil and liquids rich gas from vertical production

  • ~10 Gross Section of Mineral Rights

  • Low decline production

  • ​​Additional opportunities in Mannville, Viking and Belly River plays on Shale land

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