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Timeless Capital Corp V.TLC


Primary Symbol: V.TLC.P

Timeless Capital Corp. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and once identified and evaluated, to negotiate an acquisition or participation subject to acceptance by the exchange to complete a qualifying transaction. The Company does not own any assets, other than cash or cash equivalents.


TSXV:TLC.P - Post by User

Post by eastvanon Jul 12, 2011 9:53pm
283 Views
Post# 18825342

Links to technical reports mentioned in todays new

Links to technical reports mentioned in todays new..

Resource estimates of the Dodsland/Buffalo Coulee Bakken are included in the table below. The oil and gas resource calculations, performed by AJM Petroleum Consultants ("AJM"), were estimated in accordance with the Canadian Oil and Gas Evaluation Handbook ("COGEH") and National Instrument 51-101 ("NI 51-101"). The Evaluation Procedure section included in this report details the resource definitions and general procedures used by AJM in its determination of this evaluation. The full report may be viewed on Anglo's website, www.anglocanadianoil.com.


----------------------------------------------------------------------------
Discovered Petroleum Initially-in-Place
----------------------------------------------------------------------------
Dodsland/Buffalo Coulee Bakken Low Estimate Best Estimate High Estimate
(MMstb) (MMstb) (MMstb)
----------------------------------------------------------------------------
Discovered Petroleum Initially-in- 51.5 81.2 128.1
Place (DPIIP)
----------------------------------------------------------------------------
Discovered Remaining Petroleum 51.4 80.9 127.8
Initially-in-Place (DRPIIP)
----------------------------------------------------------------------------
Contingent Oil Resources
----------------------------------------------------------------------------
Contingent Remaining Oil Resources 3.6 6.8 12.7
----------------------------------------------------------------------------


(This Table and the paragraph above it were taken from a technical report entitle,
"Resource Study Middle Bakken Formation, Dodsland/Buffalo Coulee Saskatchewan"
authored by L. J. Machula, P.Geo, and L. Kis, P.Eng. of AJM Petroleum Consultants, April 2011.)
Here is a link to this technical report
https://www.anglocanadianoil.com/pdf/ANGLO-Resource-Study-Bakken-Final-Report-2011-05-03.pdf

.............................
.
The Nordegg formation offers a thick net pay in comparison to other current oil resource plays. Below is a table that provides the formation net pay for several producing zones.


----------------------------------------------------------------------------
Cardium Bakken Viking L. Shaunavon Nordegg
----------------------------------------------------------------------------
Net Pay (m) 6 - 14 6 - 12 3 - 8 4 - 8 21 - 27
----------------------------------------------------------------------------

  

(This Table was taken from technical report entitle, "Resource Nordegg Resource Study, Grand Prairie, Alberta"
authored by A.R. Botterill, P.Eng, M.R. Price, P.Geo., and L. Kis, P.Eng. of AJM Petroleum Consultants, June 2010 and may be viewed in its entirety on Anglo's website.)

.here is link to the technical repot
https://www.anglocanadianoil.com/pdf/NORDEGG_RESOURCE_STUDY_June_30_2010.pdf

...............................


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