Velvet Energy Ltd.
Transaction Type
Sellers
Marketers
Post Date
Close Date
Estimated Price
0MM
Description
Velvet Energy Ltd. has retained Sayer Energy Advisors to sell several of its non-core producing and non-producing Alberta oil and natural gas properties in three main areas - W4 Alberta, Corbett and Peace River Arch.
Recent production from the properties net to the company has averaged 415 BOE/d. Production consists of 136 barrels of oil and natural gas liquids per day and 1.7 MMcf/d of natural gas.
The deadline for submitting cash bids is noon on Feb. 6. For information, contact Alan Tambosso, Sayer president, at 403-266-6133.