Bounty Developments Ltd. is a 100% Canadian, private oil and gas exploration company located in Calgary, Alberta, Canada. The company has been actively exploring in the Alberta basin since 1974, and currently maintains varying interests in more than 90 conventional oil and gas wells in the province. Bounty continues to use its geological and geophysical expertise to acquire and develop superior petroleum and natural gas prospects.
Bounty Oil Sands is on the leading edge of geological and geophysical exploration of the Athabasca Oil Sands in Alberta for SAGD (Steam Assisted Gravity Drainage) and development. Bounty holds working interests in more than 521 sections (133,376 hectares) of bitumen rich properties in the Athabasca oil sands region in northeast Alberta, Canada. These properties contain significant volumes of bitumen in place and hundreds of millions of barrels of contingent resources. Ongoing large drilling operations and seismic programs are currently in place in 12 project areas to develop properties for SAGD and other in situ production.
Bounty Developments Ltd. and Bounty Oil Sands prime directive is to identify low risk, high reward petroleum, natural gas and oilsands prospects through innovative exploration strategies utilizing leading edge geophysical, and geological tools.
BOUNTY NEWS
Oilsands Projects
• Application for 12,000 bopd SAGD project being filed at MacKay River
• Innovative in situ Combustion Overhead Drainage COGD combustion pilot project being filed at HangingStone
• Successful winter drilling and seismic programs completed at MacKay River and HangingStone
• New prospects and opportunities are available
Oilsands Lands
• Bounty has 82 sections (net) of oilsands land at Eaglenest and 90 sections (net) of oilsands land at
Buffalo Hills, as well as other smaller land packages, available for joint venture opportunities
Bakken
• This September Bounty consummated a joint venture arrangement covering approximately 70 sections of land highly prospective for Bakken and other geological targets.
Click HERE to view a detailed map.
For more information you are referred to the website of Molopo Energy Limited www.molopo.com.au
Light Oil Wells
• Investment opportunities available in Bounty multi-well 2009-2010 drilling program. Targets are prolific light oil pools near existing production in areas including Utikuma, Red Earth and Evi. All wells qualify for 5% royalty and $200 per meter drilled royalty credit incentive programs.
BOUNTY DEVELOPMENTS LTD. 1250, 340 - 12th. Avenue S.W. Calgary, Alberta, Canada T2R 1L5
Phone: (403) 264.4994 • FAX: (403) 266.6031 • Email: info@bountydev.com