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
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OMERS |
Bids Due: November 22, 2011 at 12:00 noon MST |
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Contact: 403-299-8453
403-299-8449 |
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Introduction Letter |
Foreword & Disclaimer | Garrington Asset Sale Overview |
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GARRINGTON ASSET SALE OVERVIEW
Highlights
- High working interest, operated production
- Current production of 682 boe/d including 216 bbl/d of light oil
- Company owned facilities and infrastructure
- Multiple zone potential on Company lands
- Significant Cardium horizontal development potential
- Forecast 2012 average production close to 500 bbl/d of light oil
OMERS Energy Inc. and Superman Resources Inc. (collectively the “Companies” or the “Company”), have retained RBC Rundle as the exclusive agent for the sale of their jointly owned oil and gas properties (the “Properties”) in the Garrington area of central Alberta, approximately 100 km north of Calgary.
The Companies own various working and royalty interests in 11,840 gross acres of non-Unit lands and a combined 35.31805% working interest in the Garrington Cardium Unit #1. The Companies area production (sales) over the period February to August 2011 averaged 216 bbl/d of light oil, 72 bbl/d of NGLs and 2,363 Mcf/d of solution and non-associated gas.
