RE: liard From 2012:
3.4 Recent Activity
Apache has a 430,000 acre lease position in the center of the Liard Basin’s prospective
area, estimating 210 Tcf of net gas in-place and 54 Tcf of recoverable raw gas (48 Tcf of
marketable gas). Apache’s D-34-K well, drilled to a vertical depth of 12,600 feet with a 2,900
foot lateral and 6 frac stages, had a 30-day IP of 21.3 MMcfd and a 12 month cumulative
recovery of 3.1 Bcf. The well has a currently projected EUR of nearly 18 Bcf.7
Nexen has acquired a 128,000-acre (net) land position in this basin, assigning up to 24
Tcf of prospective recoverable resource to its lease area.10 Transeuro Energy Corp. and
Questerre Energy Corp., two small Canadian operators, have completed three exploration wells
in the Besa River and Mattson shale/siltstone intervals at the Beaver River Field.