To create a land base of mostly crown land on reasonable geological leads and prospects for oil in southern Alberta and southwest Saskatchewan. The focus will be for the Jurassic formation primarily the upper and lower Shaunavon, the Roseray and the Cantuar sands and carbonates in Saskatchewan and the Sawtooth and Swift (equivalent to the Roseray sand) sands in Alberta. The Mannville sands and the Devonian Arcs member will be the secondary objectives in certain areas. Open crown lands will be posted for sale, current land postings will be reviewed and assessed as to oil potential. Smaller oil producing wells and/or pools will be evaluated for purchase. Freehold lands will be considered for lease on the leads and/or prospects. It is anticipated that there will be a market for farming out the lands to potential companies wishing to drill wells within the designated area within the next few years.
- CLIENT Maryanne Petroleums Limited
- YEAR 2019