Seeking Partners for Light Oil Play
Procyon Energy Corp. (Procyon) is a small private oil and gas company with operations in Alberta and British Columbia.
Procyon has developed a relatively low risk re-completion opportunity for light oil.
The operation entails drilling out of existing casing to the Belloy zone that has previously tested oil with the following parameters;
- Estimated risked cost $450,000
- Estimated IP 50 bbl/d
- Projected recovery of 170,000 barrels per well
- Procyon controls production infrastructure in area
- Follow-up locations
A comprehensive technical presentation is available for interested parties.
Contact Ron McKellar at 403.262.7271
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