Paradise Well
20 | Boe/d average |
10% | Working interest |
34.6 MBBLS | 1P |
40.5 MBBLS | 2P |
Paradise, British Columbia (Oil)
Twp. 86 Rge. 15W6
Land: ½ Section – 100% WI in the Charlie Lake
Formation
Well: 100/11-01-086-15W6/0 (UWI)
Battery Site: 05-01-086-15W6
Production: 16 bbl/d (100% oil) Boundary Lake well
offsetting the Boundary Lake “A” Pool
Low Annual Decline Rate
NOI: ~$405,000 (Netback: $70.14/boe)
Calima holds a 100% working interest in a half section of land (only subject to Crown royalties) in the
Charlie Lake Formation.
The Property offsets the Boundary Lake “A” pool which has produced over 240.0 million barrels of oil
and 173.4 Bcf of natural gas since 1955.