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The Ratcliffe Play
Click here for a summary of the Ratcliffe Play dated April 12, 2011 supplied with permission by JENNINGS CAPITAL INC. with the Company's details highlighted. Noteworthy excerpts are:
- Page 5 – "Ratcliffe Players" - … Also worth following is Canadian Energy Exploration (XPL), which, according to management, could have up to 65 Ratcliffe locations on its farm-in lands in the Hardy area."
- Page 6 – Company farm-in and leased lands shown
- Page 7 – "Our model yields a pre-tax NPV 10% of $4.3 million and an ROR of 97% for a Ratcliffe horizontal."
- Page 8 – comparisons show the Ratcliffe play is very comparable to other light oil plays in Alberta and Saskatchewan.
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Contact Us
Please directly contact
Canadian Energy Exploration:
Suite 500, 441-5th Avenue SW
Calgary, AB
T2P 2V1
(403) 229-2800
info@cdnenergy.com |
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News
Canadian Energy Exploration Inc. has identified 13 gross sections on land the Company owns or has under its control 100% that contain prospective Bakken rights on a structure that the Company believes extends to and through the “Bakken test well” referred to in the article below. In addition this structure, identified on the Company’s interpreted 3D in 100 square miles and as provided free of charge by the Farmor on the Company’s Hardy block, extends to and through a HZ well at 2-16-4-21W2M, which is currently producing over 50 bopd from the Bakken...
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