- CityNot Disclosed
- Province Alberta
- CountryCanada
Not Relocatable
Real Estate Included
Gas Production Opportunity
Northeastern Alberta
Production
· Last twelve months to November 2008 gas sales vol: 1,371 e3m3 (48,671 mcf)
· Daily Average gas sales 3.75 e3m3/day (133 mcf/day)
· Results based on one, dual zone gas well, Second well ready to tie in
Financials
· Last twelve months to November 2008 Revenue $377 k
· Net Income $245 k
· Gross Margins of 60 – 70%
· Potential pay back within 2 to 4 years
Growth Strategies
· 60% Working Interest in 3 Sections, 1152 Net Acres
· All 3 sections approved for down-spacing
· Further drilling locations
Asking Price
· $1,200,000
Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.
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