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Gross/Net Acres: 320/320
Property Description: Multi-zone oil play; 320 net mineral acres in active Wetaskiwin/Bonnie-Glen area, Alberta. Mannville oil and East Shale Basin Duvernay rights available for lease in oil window. Lands offset producing horizontal Mannville oil wells owned by Forge Oil & Gas in section 12-46-26 W4M and in section 17-46-25 W4M. Forge controls S/2 section 13. Review PDF to the right of this ad then contact www.resourceroyalty.com.
Property Description: Duvernay East Shale Basin; Gross Royalty Trust interests in active Vesta drilling area; NW 1-42-27 W4M, NW 33-41-26 W4M; SE 3-42-26 W4M
Property Description: Top-tier oil/liquids-rich BC Montney GORR FOR SALE offsetting Black Swan multi-well pad 54-D. First well on GORR lands is onstream as of May 2016. GORR is 0.5% (1/2%) on 100% of production from 4 sections (16 units, 2560 gross acres). Montney natural gas and liquids play with over 250 metres gross pay. First horizontal well on this block drilled by Canadian Natural Resources Limited (CNRL) at b-97-K/94-H-4 in 2012 and on-stream in mid-2016. Well currently producing at restricted rate due to lack of capacity but includes 40 bbls/d per mmcf of oil/C5+ due to lack of capacity. Multiple offsetting HZ wells drilled by Black Swan produce at IP's of > 8+mmcfd + liquids of 25-60 bbls/mmcf and 12 month rates > 3.5mmcfd.
Gross/Net Acres: 80/80
Property Description: Crown P&NG Lease No. 0415020020 dated February 12, 2015
Twp. 14, Rge. 18, W4M: SE/4 & LSD 11 of Sec. 33 (80 hectares)
All P&NG from Surface to Basement
Encumbrances: Crown Lessor Royalty only
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