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Bounty Oilsands.

 

Ells / Dover

Exploitable Bitumen, Alberta oilsands, core holes, SAGD Applcation plans

 

  • Bounty has a 40% working interest in 32 sections (8,192 hectares) of land up to 50 meters of gross bitumen
     

  • 19 new core holes drilled and 64 kms. 2D seismic run
     

  • confirmed commercial project of 10,000 bbls/day expandable to 40,000 bbls/day
     

  • 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.

     

     

 

  • Environmental studies, reservoir modeling and SAGD application plans
     

  • 33.75 million barrels Exploitable Net Bitumen (P50)(Bounty share only) (per 3rd Party Engineer [McDaniels] as of May 31, 2007)
     

  • 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

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