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PRAIRIE PROVIDENT ASSET FOR SALE

Producing Properties

All Standard Disclaimers Apply & Seller Rights Retained

PRAIRIE PROVIDENT ASSET FOR SALE

SOUTH CENTRAL ALBERTA PKG

26-Wells (11-Prods). ~17.4 Sections

WHEATLAND - W4M

Mannville Group Formation

Asset Sale Plus Drilling Program

Proven Ellerslie/BQ Pools w/ Existing Prod.

Upside Drilling Program - 2 Low Risk Wells

100% OPERATED WI AVAILABLE

Average Production: ~170 BOEPD

Includes ~47 BOPD NGLs, Oil & Condensate

5 Immediate Workovers Will Add ~100 BOEPD

Total NPV10: $7.3MM

$5.5MM For 2 Drills; Proj. IP - 253 BOEPD

VDR NOW OPEN TO QUALIFIED BUYERS

PP 11335DV

Energy Advisors Group is continuing to market the Prairie Provident Resources Wheatland Property in Central Alberta comprised of the Rockyford and Wayne assets. Mannville production is ~170 BOE/D including, 700 mcf/d of Natural Gas and  47 BOPD of NGLs, oil and condensate from 11 producing wells (along with 5 immediate workovers and optimization wells will increase production to 270 BOE/D). PPR operates the wells, the majority of which are100 WI.

Facilities include 5 crude oil multi-well batteries split between the Rockyford and Wayne properties, with one multi-well oil battery in the Drumheller area.

The Wheatland property offers two low-risk Ellerslie/Basal Quartz Horizontal Drilling locations. Year round access with existing surfaces leases and facilities allow for quick execution. Gas conservation is in place.

Proven Ellerslie/BQ pools with existing production are in the area. Locations offset existing successful 2015 - 2016 drills. This is an active and prolific play with 14 Ellerslie/BQ wells drilled within a 12 km radius in 2023. There are 15 additional Ellerslie/BQ locations licensed along with active drilling in the area.

For additional information, please contact----

Steve Henrich, Director

shenrich@energyadvisors.com

--- Phone: 403-874-7801

Calgary Office

650, 717 - 7th Avenue SW

Calgary, AB T2P 0Z3

--- Phone 403-294-1906


Questions Regarding This Asset? Email Steve Henrich 403-294-1906
Virtual Data Room
PRAIRIE PROVIDENT ASSET FOR SALE

SOUTH CENTRAL ALBERTA PKG

26-Wells (11-Prods). ~17.4 Sections

WHEATLAND - W4M

Mannville Group Formation

Asset Sale Plus Drilling Program

Proven Ellerslie/BQ Pools w/ Existing Prod.

Upside Drilling Program - 2 Low Risk Wells

100% OPERATED WI AVAILABLE

Average Production: ~170 BOEPD

Includes ~47 BOPD NGLs, Oil & Condensate

5 Immediate Workovers Will Add ~100 BOEPD

Total NPV10: $7.3MM

$5.5MM For 2 Drills; Proj. IP - 253 BOEPD

VDR NOW OPEN TO QUALIFIED BUYERS

PP 11335DV

Energy Advisors Group is continuing to market the Prairie Provident Resources Wheatland Property in Central Alberta comprised of the Rockyford and Wayne assets. Mannville production is ~170 BOE/D including, 700 mcf/d of Natural Gas and  47 BOPD of NGLs, oil and condensate from 11 producing wells (along with 5 immediate workovers and optimization wells will increase production to 270 BOE/D). PPR operates the wells, the majority of which are100 WI.

Facilities include 5 crude oil multi-well batteries split between the Rockyford and Wayne properties, with one multi-well oil battery in the Drumheller area.

The Wheatland property offers two low-risk Ellerslie/Basal Quartz Horizontal Drilling locations. Year round access with existing surfaces leases and facilities allow for quick execution. Gas conservation is in place.

Proven Ellerslie/BQ pools with existing production are in the area. Locations offset existing successful 2015 - 2016 drills. This is an active and prolific play with 14 Ellerslie/BQ wells drilled within a 12 km radius in 2023. There are 15 additional Ellerslie/BQ locations licensed along with active drilling in the area.

For additional information, please contact----

Steve Henrich, Director

shenrich@energyadvisors.com

--- Phone: 403-874-7801

Calgary Office

650, 717 - 7th Avenue SW

Calgary, AB T2P 0Z3

--- Phone 403-294-1906


Questions Regarding This Asset? Email Steve Henrich 403-294-1906