Current Estimated Production/Land
- 4,400 boe per day
- 100% gas/NGLs
- 20,661 net developed and 53,929 net undeveloped acres
NAL has gained much of it operating position in British Columbia through the corporate acquisition of Alberta Clipper Energy and Breaker Energy. Both of these transactions closed in 2009. These acquisitions brought NAL a new core producing property, along with multi-zone, scalable development opportunities.
The 100% working interest producing property at Fireweed is a liquids rich natural gas property with recent horizontal development wells in the Doig formation commencing production in excess of 800 boed each. Fireweed produces approximately 2,100 boed. There are two horizontal wells planned in the Doig formation in 2011, with the objective of maintaining throughput at the NAL owned compression and dehydration facility at or near 100 percent of capacity.
NAL also has in interest in the remote Monkman area located in the Hart Ranges of the Central Rocky Mountains. NAL has a working interest of 10-20 percent in this property which is operated by Talisman Energy; an experienced operator in the Monkman area. Current production rate is approximately 11 MMcf/d (net) sales. |  |