Opportunity to participate in a previously unrecognized tight carbonate oil resource play
Contiguous net undeveloped land position – 20 net sections (100%).
No land expiries until Q3 2022.
Four-year Northern P&NG License was originally acquired in August 2018.
There are 20 net undeveloped sections (5120 net hectares; 12,800 net acres) contained within the license including 13.75 net undeveloped sections (3520 net hectares; 8800 acres) of Jean Marie rights.
P&NG rights held in conjunction with the Devonian Jean Marie Formation within the License may allow for additional upside development
100% working interest currently unencumbered except for the applicable Crown royalties
License is currently in its second season of a 4-year primary term and expires in August 2022.
