DEI Q report on Bigstone Bigstone, Alberta
At Bigstone, Donnybrook has 8 gross (3.5 net) sections of P&NG rights providing a
potential inventory of 13 (5.75
net) extended reach horizontal drilling locations.
The Company has interests in three horizontal wells at Bigstone.
Production from the Company’s Bigstone wells
,
Hz 14
-
29
-
60
-
22 W5M (“Hz 14
-
29”) (25% working interest
BPO;
50% APO
)
;
Hz 15
-
32
-
60
-
22 W5M (“HZ 15
-
32”) (50%
working interest)
and Hz
13
-
33
-
60
-
22 W5M (“Hz 13
-
33
”
)
(
25
% working interest) are all tied in to the Company
operated pipeline system and
surface facilities, including 3 phase separators, line heaters,
tanks, measurement and
monitoring equipment
located at
03
-
29
-
60
-
22 W5M
.
The
1.6 mile 8 inch
pipeline carries condensate, natural gas
and natural gas liquids from our facilities to the Delphi
Energy Corp.
system tie
-
in point in 01
-
19
-
60
-
22 W5M.
For th
e
six months ended June 30, 2013, Donnybrook’s three Bigstone wells produced intermittently for the
equivalent of approximately 60 days out of the 180 day period
due in part to third party facility and pipeline
maintenance which required the wells to be sh
ut
-
in. Total net
production including net overriding royalties
to
Donnybrook during the
period was approximately
5,990
BOE
.
Donnybrook has a 50% working interest drilling location surveyed on the west side of its acreage block for an
extended reach horizontal well. Timing to drill this location will be predicated on further evaluation of the
Company’s current production at Big
stone and results from offsetting wells being drilled by industry competitors.