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Vital Energy Inc. V.VUX

Alternate Symbol(s):  SNYXF

Vital Energy Inc. is an oil and gas exploration and development company, which is engaged in the acquisition of, exploration for and development of crude oil and natural gas in Western Canada. Its core property areas include the SE Saskatchewan property area, West Central Alberta property area, the original SW Saskatchewan property and East Central Alberta property areas. The SE Saskatchewan property area includes the two production properties - Lampman and Steelman, and four undeveloped and non-producing properties - Gainsborough, Dalesboro, Weyburn and Hume. The SW Saskatchewan property area includes two producing properties - Gull Lake and Pennant. The East Central Alberta property area includes two producing properties - Sullivan Lake and Baxter Lake. The West Central Alberta property area includes three undeveloped and non-producing properties - Pembina-1, Pembina-2 and Ante Creek. The Gull Lake property is covered with 3D seismic data and has over nine wells producing crude oil.


TSXV:VUX - Post by User

Post by Roddiggition May 01, 2022 10:17am
101 Views
Post# 34645823

Info On Gull Lake, Baxter, Pennant Leases + Total Drill Loc

Info On Gull Lake, Baxter, Pennant Leases + Total Drill Loc
Vital Energy took down their corporate presentation a while ago to likely update it. Then Covid hit and it was probably put on the back burner while they spent time acquiring most of their new leases between 2020-2021. However, this old one I found hidden on their website shows big potential just on Pennant, Baxter and Gull Lake. Now if you include their 5 new leases, the entire portfolio has dozens of drill locations, plus already established production/cash flow to fund this operation and a clean balance sheet.
 
https://www.vitalenergyoil.com/presentations/VITALCorporatePresentationJun2017.pdf
 
Based On Presentation & Recent Management Highlights. Includes Producers + Locations
Gull Lake - 30+ (9 Drilled)
Pennant - 30+ (7 Drilled)
Baxter - 6+ (Several Drilled & To Be Reactivated)
Lampman - 3+ (3 Drilled)
Sullivan - 1+ (1 Drilled, Has Facility For Higher Output)
Ante(Montney) - 25+
Pembina(Cardium) 4+
Hume - 2+
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