Access to the RBC Rundle VIRTUAL DATA ROOM requires registration by execution of a project confidentiality agreement. To register please contact Jill Switzer: 403 299 8446
Fall 2010 Asset Sale |
Bids Due: Nov. 10, 2010 |
PDF IM
|
Primary Contact: 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 |
|||
SOUTHERN ALBERTA #2 - BOW ISLAND
LAND
Bow Island assets are located within the Southern Alberta #2 package. The Company owns a 48% working interest of 3,756 gross acres of land.
PRODUCTION
In June 2010, the Company Share production averaged 78 boe/d from several Sawtooth oil wells, and a single commingled gas well.
FACILITIES/INFRASTRUCTURE
The Bow Island field has two separate sour oil batteries located at 16-35-010-13W4 (59.5% working interest), and 04-05-011-12W4 (100% working interest). Both have onsite water disposal.
MARKETING
All production is sold to Plains Marketing on short term contracts.
RESERVES
Bow Island has 141 Mboe of Proved Developed Producing reserves and 55 Mboe of Probable Developed Producing reserves assigned.
GEOLOGY
Sawtooth Formation: The Middle Jurassic Sawtooth Formation is the basal member of the Ellis Group and rests uncomformably upon the Mississippian Madison Group. The Rierdon shales conformably overlie and provide a seal for the Sawtooth reservoirs. The Sawtooth reservoirs are sheet sands comprised of clean quartzose sandstones deposited in a shallow marine environment. Traps are created when the Sawtooth sandstone bodies are draped over underlying erosional features on the Paleozoic surface. Based on geologic mapping, there is potential for step-out locations on the Company’s land to extend the existing pools.
