Pearl Exploration and Production Ltd.

Transaction Type
Post Date
Estimated Price
MM
Description

Pearl Exploration and Production Ltd. has retained Canaccord Enermarket Ltd. to market certain properties in west-central Saskatchewan. The packages include operated interests with an average 91% working interest. Production is 4,634 barrels of oil equivalent per day (86% oil). Upside includes more than 50 drilling locations; more than 60 recompletions, workovers and bypassed pay opportunities; two waterflood projects; and a large undeveloped land base. Bids are due March 13. Contact Martin Peters, 403-537-9829.