CANLIN GILBY SALE PKG
Producing Properties
All Standard Disclaimers Apply & Seller Rights Retained
ALBERTA UPSTREAM & MIDSTREAM
159-Wells. 20,181-Net Acres Plus Facilities
GILBY (GAS) FIELD
HOADLEY BARRIER GLAUCONITE PLAY
Gilby Gas Plant (100% Operated WI) For Sale
Current Throughput: ~9.0 MMcf/day
Midstream Capacity: ~52 MMcf/day
Upstream Net 1,333 BOEPD (94% Gas)
62% OPERATED WI FOR SALE
ARO: ~$25 MM (Incl $8 MM Inactive ARO)
Last 3 Yrs Average Net Income: $9,000,000/Yr
McDaniel Economics: P+PDP: $29,824,969
10-Glauconite Wells Ready to Drill
1 Mile Horizontal (DCET): $2,800,000
Est IP30: 1.7 MMcf/d & 100 bbls/d NGL
MUST ACQUIRE MIDSTREAM & UPSTREAM
PP 11063DV
ALBERTA UPSTREAM & MIDSTREAM
159-Wells. 20,181-Net Acres Plus Facilities
GILBY (GAS) FIELD
HOADLEY BARRIER GLAUCONITE PLAY
Gilby Gas Plant (100% Operated WI) For Sale
Current Throughput: ~9.0 MMcf/day
Midstream Capacity: ~52 MMcf/day
Upstream Net 1,333 BOEPD (94% Gas)
62% OPERATED WI FOR SALE
ARO: ~$25 MM (Incl $8 MM Inactive ARO)
Last 3 Yrs Average Net Income: $9,000,000/Yr
McDaniel Economics: P+PDP: $29,824,969
10-Glauconite Wells Ready to Drill
1 Mile Horizontal (DCET): $2,800,000
Est IP30: 1.7 MMcf/d & 100 bbls/d NGL
MUST ACQUIRE MIDSTREAM & UPSTREAM
PP 11063DV
