" Liquids Rich Development JV Opportunities Available"

Land Position

Stormhold Energy Ltd. (SEL) is a private Calgary based exploration company exclusively focused on developing the multi-zone light oil play in East-Central Alberta, west of the defined Provost pool, near Halkirk. Provost is the 3rd largest field in Alberta with light oil and liquids rich production history. This area has an existing infrastructure, access to services and a climate that allows for near year round drilling. SEL has accumulated an extensive inventory  of Crown Lease Mineral Rights with multi-zone potential. 

Shallow Zone Development

Development of Shallow Zones (Viking, Mannville, Banff/Bakken & Exshaw).  The area is in second generation development having been extensively vertically drilled for shallow targets. Horizontal drills with multi-stage fracturing will be used to target these highly delineated formations. This technology is proven to unlock previously uneconomic tight clastic and shale reservoirs. In excess of 750 locations have been identified for re-entry and re-completion, over 250 of which are cased. This is a low risk and cost effective liquids production strategy that will be largely developed through farm out agreements with joint venture partners.

Deeper Formation Exploration

Exploration & Development of Deeper Formations (Beaverhill Lake, Elk Point, Cambrian and Granite Wash).  These deeper formations are present across virtually all of Stormhold’s leases. Extensive technical analysis has been done on the Stormhold Cambrian test well at 1-2-6-34-37-17 W4 and on three wells previously drilled to a Cambrian TVD with oil, well log, rock analysis and core analysis being extremely positive.

Well Log, Oil and Rock Analysis on results from Stormhold’s 102-6-34-37-17W4 well indicate that the Upper Cambrian Deadwood has 140 meters of conventional net pay as well as oil shales and are potentially producible source rock for medium grade oil.  A 700m horizontal reentry into the well is planned for the 102-6-34 well that will penetrate and test-produce a potential of over 600 meters of conventional net pay from the Deadwood formation.