Vermillion Energy Inc. has retained Sayer Energy Advisors for the sale of operated WI located in the Greater Kindersley area of west central Saskatchewan. The package includes approximately 188 bbl/d of oil and 19 Mcf/d of natural gas.
- Average daily sales production: approximately 188 barrels of oil and natural gas liquids per day and 19 Mcf/d of natural gas (191 boe/d).
- Forecasted operating income net: approximately $1 million or $3 million on an annual basis.
- Additional horizontal infill drilling identified:
- Up to 10 horizontal wells per section
- Result in an estimated net production of 1,000 bbl/d of oil
- Net asset value of $4.1 million
- Operator: McDaniel & Associates Consultants Ltd.