Anderson Energy Ltd.

Transaction Type
Marketers
Post Date
Estimated Price
MM
Description

Anderson Energy Ltd., Calgary, (Pink Sheets: AFLXX) has retained Rundle Energy Partners to sell certain assets in eastern Alberta. The properties are in the Cessford, Sullivan Lake, Antelope, Provost South, Provost North and Bellshill Lake districts, spanning an area from townships 22 to 41 and ranges 01 to 16W4. The majority of working interests are concentrated in Bellshill Lake and Provost North. Combined working-interest production is 270 barrels of oil equivalent per day. Anderson operates 82% of production (84% oil). Production is from 24 wells. Total proved reserves are 387,000 barrels of oil equivalent, with probable reserves of 178,000 barrels equivalent. Bids are due the second week of November. Contact Tom Caldwell, 403-298-9729