Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Legacy Oil + Gas Inc
June 2012 Corporate Presentation
| Trent J. Yanko | Page 16 of 11 |
July 30, 2014
View in Results
"June 2012 Corporate Presentation"
View Full Document
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
Pierson/Bottineau - Spearfish Light Oil Resource Play R22W1M R2 3 R24 R25 R26 R2 7 R29 R28 T1 T2 T3 N O R T H D A K O T A | M A N I T O B A DOWNDIP LIMIT OF SPEARFISH FAIRWAY WASKADA OOIP ~ 300MMSTB Legacy Lands Legacy Drills Spearfish Producers K LYLETON 09-30-001-28W1M Hydrocarbon Effect MudGas Mississippian Unconformity Manor Zone Waskada Zone Spearfish Npor Dpor Rt GR BOTTINEAU UPDIP LIMIT OF SPEARFISH FAIRWAY PIERSON OOIP ~ 130MMSTB BATTERY SITE 3-D SEISMIC LEGACY DRILLS Spearfish fairway expanded between Pierson and Waskada and extended into North Dakota ? Large oil-in-place pools in Manitoba ? Highly successful application of horizontal wells and multi-stage frac techniques in a marginally economic vertically-drilled reservoir ? Waskada being drilled at up to 24 wells per section (EOG, PWT) ? Significant waterflood potential, up to 14% RF Pierson, Manitoba ? Recent wells demonstrate significant success, exceeding type curve in reserve report and previous operator’s results ? Five wells with longest producing history (average 147 days) have averaged 101 BOE per day per well ? 210 net locations at eight wells per section, approximately 77 percent unbooked ? 24,771 gross (23,819 net) undeveloped acres ? Central oil battery constructed, leading to lower operating costs Bottineau County, North Dakota ? Recent wells have exceeded type curve in reserve report ? First five horizontal wells had 90 day average IP of 98 Boe per day per well ? 230 net locations, approximately 97 percent unbooked; ? Potentially more than 570 net locations, at eight wells per section ? 67,433 gross (53,889 net) undeveloped acres