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Progress Energy

 

Progress Energy
Resources Corp.

 

Winter 2010/2011
Asset Sale

 

Bids Due:

Jan. 17, 2011

 

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PDF IM
45 Pgs, 21.8 MB

 

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Confidentiality
Agreement

Primary Contact:

Tom Caldwell

403-299-8453

 

Introduction Letter | Foreward & Disclaimer | Asset Sale Overview

Fort St. John North: Overview | Beaverdam | Currant | Minor Properties

Fort St. John South: Overview | Two Rivers | Stoddart | West Eagle | Flatrock | Teal

Ojay: Overview | Area Activity | Nikanassin Development Potential | Cadotte/Falher Development Potential

Copton: Overview | Geology & Area Activity | Cardium Development Potential | Cadotte Development Potential

Two Creek: Overview | Jurassic 'A' and 'B' Pools | Jurassic 'A' Pool - ASP Upside Potential | Gething

 

COPTON - GEOLOGY & AREA ACTIVITY

 

In the Copton area drilling activity remains constant, with over 30 active operators, ranging from junior to senior players demonstrating the appeal of the stacked Cretaceous play in industry. Targets include a variety of zones, for both vertical and horizontal development.

 

The Copton region is located within the northern portion of the Alberta foothills, where historically conventional gas exploration has been considered geologically complex. Structural deformation has created a variety of traps, with hydrocarbon reservoirs enhanced by secondary porosity through natural fracturing. This area also lies ~25 km from the edge of the Deep Basin gas system edge, which is an immense wedge of abnormally-pressured, gas saturated, low permeability rock, with water saturations lower than 40%. Pay zones are typically tens of meters thick, and have been targeted historically with vertical and directional wells. At present, horizontal drilling with the application of multi-frac technology has commenced in the area with initial success.

 

Two main targets have been identified on the Copton lands, the Cardium and the Cadotte. The Cardium has both vertical and horizontal opportunities, with the Cadotte being targeted vertically. Other producing zones on Company lands include the Gething, Cadomin, Charlie Lake, and the Belloy.

 

 

Map

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Table

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Chart

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