Operator
Crocotta Energy Inc.
19 articles mentioning Crocotta Energy Inc.
Crocotta Drilling Cardium, Montney; Testing Stoddart
Significant capital spent expanding the base at Edson, at Dawson (Montney) and Stoddart (new oil exploration prospect).
Crocotta Cardium, Montney Focus Fuels Production Growth
The company increased average production 26% to 8,724 boepd in 2013 from 6,911 boepd in 2012.
Crocotta's Capital Budget For 2014 Focuses on Cardium
Crocotta has approved a budget that entails spending approximately $110 million in 2014 with the focus on Cardium oil at Edson, Bluesky liquids-rich gas at Edson, and Montney liquids-rich gas at Dawson. The budget will be...
Crocotta Achieves Production Target Exiting 2013
Production is estimated to be 9,200 boepd for Q4-13 and average 8,715 boepd for 2013. The 2013 average represents a 26% increase from the 2012 average rate of 6,911 boepd.
Crocotta Expands Cardium Opportunities; Adds Montney Infrastructure
Crocotta has increased its Cardium development inventory at Edson to over 60 net current undrilled development locations.
Crocotta Ups HZ Cardium Inventory from 30 to 50 Net
Crocotta has been very active in the Cardium formation where it has signed various farm-in agreements and purchased lands in the immediate vicinity.
Crocotta Energy Ups Borrowing Base
The Facility has a committed borrowing base of $145 million and replaces Crocotta's previous demand credit facility of $140 million.
Crocotta Updates Cardium, Montney Projects
Crocotta is currently producing approximately 8,500 boepd and expects to average approximately 8,300-8,400 boepd for Q213.
Crocotta Tags 8,836 BOE/d in Cardium Production
In Q1 2013, Crocotta spent $32 million of its 2013 capital budget of $100 million that included completing 1.6 net liquids-rich Bluesky horizontal wells and 4.8 net Cardium horizontal oil wells.
Crocotta Inks 6,000 BOE/d Midstream Agreement
Under the agreements Crocotta will deliver approximately 6,000 boepd of liquids-rich gas into the Alliance Pipeline.
Crocotta Ramps Up Cardium Locations; IDs 46
As at the end of Q113, the total number of high graded Cardium locations (net of Q113 drilling) has increased to 46 net locations.
Crocotta Touts Successful Cardium, Montney Well Tests
"Great strides were made in building long term value by proving up material inventory in the Cardium at Edson, starting to build infrastructure for liquids recovery at Sunrise-Dawson in the Montney," says President & CEO Zakresky.
Crocotta Energy Plans Cardium, Montney Growth for 2013
Crocotta estimates average 2013 production to be between 9,200 and 9,500 boepd (35% oil and natural gas liquids and 65% natural gas) with exit 2013 production reaching 10,500 boepd.
Crocotta Ups Credit Facility by 40%
The Montney-focused company has upped its credit facility from $100MM to $140MM.
Crocotta Hits Exit Guidance Goal at Cardium, Bluesky Prospects
Crocotta currently has two drilling rigs in operation at Edson where it is drilling both Cardium light oil and Bluesky liquids-rich gas.
Crocotta Energy Touts Cardium, Bluesky IP Rates
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Crocotta Energy Ups Cardium, Montney Production 74%
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Crocotta Energy Provides Montney and Cardium Drilling Update
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Crocotta Focused on Caridum and Montey Drilling Ops
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