Close
❮
❯
Enverus Home
docFinder
M&A
Learn More
Videos
About Us
Contact Us
Register
Log In
Username (email)
Password
Remember Me
Forgot Password?
or
Sign Up Now!
New Search*
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Full Document
Key Slides
Ember Resources Inc
|
Fact Sheet Spring 2008
| Douglas Dafoe | Page 1 of 11 |
April 07, 2026
Save
Email
Print
View in Results
toolButton
prevButton
nextButton
prevKeyButton
nextKeyButton
prevKeyButton
nextKeyButton
byDateAscButton
byDateDescButton
byCompanyNameAscButton
byCompanyNameDescButton
hidden
hidden
Document:
"Fact Sheet Spring 2008"
View Full Document
×
Search Selection
Search by Text
Search
Search by Slide
Search
Cross reference your docFinder results against PLS' extensive news archives.
For demo or training contact Melwyn Oommen,
melwyn.oommen@drillinginfo.com
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
Legal Disclaimer
.
Next 200
First
Previous
Zoom
Next
Last
EMBER RESOURCES INC. FACT SHEET SPRING 2008 OPERATIONAL PROFILE a73 Strong land position of 285,000 net acres (445 sections) in a CBM fairway with Mannville and Horseshoe Canyon coals. a73 Contingent resource evaluated at 1.1 tcf of original gas in place at year-end 2007. a73 March 2008 production of 8.5 mmcf/d, up from 5.9 mmcf/d in March 2007. a73 Horseshoe Canyon coals at a shallow 125-700 metres are “dry” and produce methane immediately. a73 Mannville coals at 800-1,300 metres are “wet” and require a period of de-watering, however, production rates tend to be much higher than Horseshoe Canyon coals. BOARD OF DIRECTORS Douglas Dafoe Terry Meek Jack Peltier Dennis Balderston Fox Benton III Richard Todd Colin Boyer Tom Drolet Jeff Van Steenbergen MANAGEMENT Douglas Dafoe, Chairman & CEO Terry Meek, President & COO Bruce Ryan, VP Finance & CFO Ken Ronaghan, VP Engineering Tom Zuorro, VP Land Steve Gell, VP Production FINANCIAL HIGHLIGHTS ($000s, except per share amounts) Three months ended March 31,2008 Natural gas sales 5,475 Income 68 Per share – basic and diluted 0.00 Funds from operations 2,651 Per share – basic and diluted 0.07 Capital investment additions 3,052 Net debt 20,082 Total assets 111,372 Shares outstanding 36,103 OPERATING HIGHLIGHTS Three months ended March 31,2008 Daily average gas production (mcf/d) 7,963 Daily average production (boe/d) 1,327 Operating netback ($/mcf) 4.78 Operating netback ($/boe) 28.62 CBM wells drilled (gross) 18.0 – Mannville – – Horseshoe Canyon 18.0 CBM wells drilled (net) 8.8 – Mannville – – Horseshoe Canyon 8.8 Land (000s of net acres) 285 MAXIMIZE INVESTMENT IN HORSESHOE CANYON COALS a73 Take advantage of cost reductions from services. a73 Low risk and predictable productions additions. a73 Add to resource base in low cycle. a73 Generates high returns in current gas price environment. RETAIN RESOURCE POTENTIAL OF MANNVILLE PLAY a73 Optimize production from existing wells. a73 Refine drilling, completion and production techniques. a73 Industry participation in unlocking Mannville potential. a73 Increase investment in higher gas price environment. EMBER RESOURCES INC. – TSX: EBR Ember is a specialized resource company dedicated to exploiting the significant potential of coalbed methane (CBM) in Alberta, Canada. Ember has four core areas and is pursuing CBM from two separate coal horizons. Large-scale development is ongoing at Fenn-Big Valley and Acme into Horseshoe Canyon coals, while Mannville CBM is in the demonstration phase at Ember’s Manola and Rosalind properties.