Blackspur has established a core position of land (~83 net sections) and significant infrastructure that creates a foundation for growth and expansion with year-round access. Blackspur has drilled 48 wells to date.
Brooks production comes from the Sunburst and Glauconitic formations. The Sunburst Formation can be developed at low cost (<C$1m/well) delivering economic rates of return. Blackspur’s existing infrastructure can process up to 7,000 bbl/d oil.
Future growth from the Brooks asset will come from the 147 net locations that have already been identified. These locations include the booked 16 Sunburst and 17 Glauconitic PUDs. Additional reserves are expected to be realized through implementation of enhanced oil recovery projects. Blackspur recently initiated a waterflood in the Countess J2J Pool which is expected to show results in the near term.