The peak of efficiency…

The North PRA assets are comprised of 51 operated wells producing 665 boe/day and 9 non-operated wells 43 boe/day. An additional 175 boe/day will be brought back on line in 2019 thru workovers and efficiency improvements. The production is 98.5% gas. The North PRA has upside potential in the gas window which is not being pursued at this time. The area comprises 64,800 gross (50,447 net) developed acres and 9,760 gross (7,708 net) undeveloped acres.  The North PRA area includes Chinchaga, Cranberry, Hamburg, Hotchkiss, Lovet, Notikewin and Vista.

Our Operations

The Chinchaga asset, located in Township 96, between Ranges 9 and 10W6, consists of 8 gross (3.32 net) wells producing an average of 115 boe per day with gas constituting 97.0 percent of production. Chinchaga has 1 Gas Plant. Chinchaga consists of 6,400 gross (6,120 net) developed acres for a total gross acreage of 6,400.

The Hotchkiss asset, located between Townships 94 and 96, Ranges 24W5 and 2W6, consists of 25 gross (15.41 net) wells producing an average of 165 boe per day with gas constituting 100 percent of production. Hotchkiss has 1 Water Disposal Well, 1 Compressor, 1 Gas Gathering System and 1 Gas Plant. Hotchkiss consists of 5,760 gross (4,734 net) acres of undeveloped land and 26,880 gross (16,571 net) developed acres for a total gross acreage of 32,640.

The Lovet asset, located between Townships 93 and 96, Ranges 2 and 4W6, consists of 7 gross (7.00) net wells of which there are 6 gross (6.00 net) wells producing an average of 110 boe per day with gas constituting 100 percent of production. Lovet has 2 Water Disposal Well, 1 gross (1.00 net) shut-in well currently being used for pigging, 2 Compressors and 1 Gas Plant. Lovet consists of 640 gross (640 net) acres of undeveloped land and 7,360 gross (7,360 net) developed acres for a total gross acreage of 8,000.

The Notikewin asset, located between Townships 90 and 93, Ranges 1 and 3W6, consists of 11 gross (10.65 net) wells producing an average of 135 boe per day with gas constituting 100 percent of production. Notikewin has 2 Water Disposal Wells, 2 Compressors and 1 Gas Plant. Notikewin consists of 1,920 gross (1,632 net) acres of undeveloped land and 12,800 gross (12,393 net) developed acres for a total gross acreage of 14,720.

The Vista asset, located between Townships 92 and 97, Ranges 23W5 and 1W6, consists of 11 gross (11.00 net) wells producing an average of 140 boe per day with gas constituting 99.6 percent of production. Vista has 1 Water Disposal Well, 1 Compressor and 1 Gas Plant. Vista consists of 1,280 gross (1,280 net) acres of undeveloped land and 10,240 gross (10,240 net) developed acres for a total gross acreage of 11,520.

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