Celtic Exploration Ltd.   Fall 2010 Asset Sale	Bids Due: Nov. 10, 2010	PDF IM 53 Pgs, 29.8 MB   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) - MINOR PROPERTIES

 

 

LEDUC

 

• 30 Mcf/d of gas production (5 boe/d) from the Basal Quartz Formation (Company Share production June 2010)
• Medium-Life reserves (RLI @ 4.9 on PDP)
• 2P Reserves of 64 Mboe and $1.5 MM (NPV 10%)
• Average working interest of 19% in 7.3 gross sections of land

 

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BRAZEAU RIVER

 

• In the greater Brazeau River area, average working interest of 84% in 4.7 gross sections of land
• 5 bbl/d of oil, 1 bbl/d of NGL, and 20 Mcf/d of gas production (9 boe/d) from the Cardium (company share production June 2010)
• 2P Reserves of 10 Mboe and $267 M (NPV 10%)

 

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