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CANADIAN PRODUCTION UPDATE – Northern Petroleum Plc

Northern Petroleum Plc · 6 slides

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Slides

  1. CANADIAN PRODUCTION UPDATE – Northern Petroleum Plc – slide 1
    Northern Petroleum Canadian Production Update May 2014
  2. CANADIAN PRODUCTION UPDATE – Northern Petroleum Plc – slide 2
    Canadian production play overview Size of play 26,454 acres in north west Alberta Over 100 Keg River carbonate pinnacle reefs containing 101mmbbls of light oil originally-in-place, as calculated by Alberta Energy Regulator Reefs…
  3. CANADIAN PRODUCTION UPDATE – Northern Petroleum Plc – slide 3
    Operations to date Three wells drilled in March and April 13-33 new well into a previously produced reef 14-22 15m gross oil column encountered ran liner and perforated swabbed and put on production 13-33 14-22 re-entry of a…
  4. CANADIAN PRODUCTION UPDATE – Northern Petroleum Plc – slide 4
    Production results All three wells put on production throughout April with oil trucked and sold locally 13-33 cleaned up to a very low water cut high rate test produced a sustainable 230 bbls/d will be placed on a long term…
  5. CANADIAN PRODUCTION UPDATE – Northern Petroleum Plc – slide 5
    Development focus unswept oil Conditions when drilled in 60s & 70s Drilling and production results support both 1. new wells into old reefs targeting unswept oil 1 2 2. re-entering old wells and putting back on production Well…
  6. CANADIAN PRODUCTION UPDATE – Northern Petroleum Plc – slide 6

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