Lloydminster, Saskatchewan

Located in prolific Lloydminster, Saskatchewan heavy oil region home to some of the largest players in the industry such as Cenovus Energy, Canadian Natural Resources, Baytex Energy and Rife Resources

Currently seven cash flow positive producing wells located on two properties.

Current production is approximately 70 barrels per day with potential for 4 additional re-entry wells and two fully equipped locations to be reactivated each capable of an additional 70 barrels in total per day.

Lift cost stands at a competitive CDN $10.00 per barrel

91.5MBBL for total proved and probable oil of those wells currently producing