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Celtic PDF - 53 Pgs, 29.8 MB

 

 

Celtic Exploration Ltd.

 

Celtic Exploration Ltd.

 

Fall 2010 Asset Sale

 

Bids Due:

Nov. 10, 2010

 

adobe

PDF IM
53 Pgs, 29.8 MB

 

adobe

Confidentiality
Agreement

Primary Contact:

Mark McMurray

403-299-8447

Introduction Letter | Foreward & Disclaimer | Asset Sale Overview

Northern Alberta: Overview | Utikuma | Minor Properties

North Eastern Alberta: Overview | Ashmont

Central Alberta (Non-Unit): Overview | Swan Hills/Virginia Hills & Judy Creek | Ferrier/Willesden Green | Minor Properties

Central Alberta (Unit): Overview | Virginia Hills Unit | Leduc Unit

South Central Alberta: Overview | Michichi | Drumheller | Richdale

Southern Alberta #1: Overview | Bantry | Pekisko (Princess) | Mannville Waterflood

Southern Alberta #2: Overview | Alderson | Bow Island

Royalty Group: Overview | Properties

 

CENTRAL ALBERTA (NON-UNIT) -
FERRIER/WILLESDEN GREEN

 

 

Map

Click to Enlarge

 

 

LAND

 

The Company owns a 62% working interest in the Ferrier/Willesden Green area, which is located in Central Alberta.

 

PRODUCTION

 

Company Share production in June 2010 was 36 boe/d from 2 oil wells. Producing zone is the Second White Specks Formation.

 

FACILITIES/INFRASTRUCTURE

 

The Company’s oil wells are equipped with pumping units and produce to single well batteries and tanks.

 

MARKETING

 

Natural gas is sold into the Celtic Gas Pool and delivered to NOVA/TCPL. Oil/condensate is sold to Nexen Marketing on a short term contract.

 

RESERVES

 

The Ferrier/Willesden Green property has been assigned Total Proved Producing reserves of 22 Mboe, and Total Proved Plus Probable Producing reserves of 36 Mboe.