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 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: 640/640
Property Description: Banff and Nisku oil play; Sec 2-30-18 W4M, Crown PNG Lease for all PNG from Base Med. Hat to Basement; Lands available for farmout or sale; See map and Nisku test.
Property Description: 1% Royalty interest for sale in Eddystone Sladen Gross Royalty Trust lands; Vesta has leased the Trust lands; Vesta Duvernay operating area at Joffre; Leased lands currently producing minor shallow gas but active area with multiple deeper HZ drills offsetting; See map. Additional 1% also available in offset lands SE/4 9-41-27 W4M (Boyd Crooker Gross Royalty Trust)
Gross/Net Acres: 40/5
Property Description: Taylorton/Bienfait Area. FOR SALE: 1/8 interest in mineral rights to Lsd 12 Sec 09 Twp 01 Rge 06 W2M, all mines and minerals except coal. Lands currently unleased.
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