Alberta Viking Asset Arrangement General Information
Oil producing assets located in east central Alberta. The assets to be acquired contain large oil- in-place estimates with high light oil and gas net back production. They include more than 60 net sections of land, of which greater than 78% of that acreage has been contributed to a legacy unit. The assets have conventionally produced over 16 million barrels of oil to date and has been conventionally drilled thus far on a vertical basis at 320 acre well spacings.