EXPM:EGRGF - Post by User
Comment by
downtozeroon Jul 20, 2018 11:46pm
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Post# 28348054
RE:RE:RE:RE:Asset Disposition
RE:RE:RE:RE:Asset Disposition 563 boe/d.
Eagle has a majority operated working interest in a producing petroleum property near Twining, Alberta in one of the largest Pekisko oil pools in the Western Canadian Sedimentary Basin. Eagle operates four batteries and one gas plant in the Twining field and has working interests in one other non-operated battery and in the non-operated North Twining Pekisko Unit. As at December 31, 2017, Eagle had a working interest in 57 gross (35 net) producing oil wells, 5 gross (2 net) producing gas wells, 49 gross (21 net) non-producing oil wells and 6 gross (3 net) non-producing gas wells. Its average working interest production from its Twining properties for December 2017 was 563 boe/d.
Eagle’s oil and gas leases in the Twining Properties cover 20,753 gross acres (of which 16,039 gross acres are developed and 4,714 gross acres are undeveloped) and 13,120 net acres (of which 9,273 net acres are developed and 3,847 net acres are undeveloped).