- Reasonable land acquisition costs provide opportunity for extensive running room
- 3D seismic coverage and vertical well bores on existing lands provides basis for technical model
- Recently drilled horizontal wells will be completed in first half of 2012
- No hydraulic fracturing required for completion of wells
- Newly identifies multi-zoned potential enhances project economics
- Extensive 2D and 3D seismic control allowing for detailed prospect generation
- Shallow depth equates to lower drilling costs
- Combined Canadian and American technical team with multi-basin experience
- Listed on the Canadian TSX Venture exchange with intent to pursue US listing in 2012
- Mandate to explore additional oil and gas opportunities in Canada and the USA
|
