Bounty Oilsands.
Ells / Dover
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Bounty has a 40% working interest in 32 sections (8,192 hectares) of land up to 50 meters of gross bitumen
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19 new core holes drilled and 64 kms. 2D seismic run
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confirmed commercial project of 10,000 bbls/day expandable to 40,000 bbls/day
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active area with hundreds of coreholes in past several seasons. Projects in close proximity include Underground Test Facility (UTF) original pioneer SAGD site, Petro-Canada MacKay River, Chevron/Western Oil Sands, Total Joslyn Creek and CNRL Horizon.
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Environmental studies, reservoir modeling and SAGD application plans
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33.75 million barrels Exploitable Net Bitumen (P50)(Bounty share only) (per 3rd Party Engineer [McDaniels] as of May 31, 2007)
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27 million barrels additional
Prospective Bitumen (Bounty share only) (per 3rd Party Engineer [McDaniels] as of May 31, 2007)
Mapping and a technical presentation is available upon signing a confidentiality agreement,
call Paul Clark, Manager, Land Business Development at (403) 718-7427