Natural gas, northeast British Columbia, initiated in 1999
Greater Sierra is our first resource play in northeast B.C. Horizontal wells utilizing underbalanced drilling techniques target the Jean Marie geological formation. To date, we have developed approximately 25 percent of the 2.4 million net acres we control over this long-life property.
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Until recently, Greater Sierra drilling was restricted to the winter season. We now deploy wooden mats across the marshy landscape during summer to complete multi-well programs. This has reduced costs, leveled activity over the seasons, and helped keep skilled and knowledgeable crews working year-round. Natural gas production averaged 211 million cubic feet per day (MMcf/d) in 2007. |
Please read about our Restructuring announced May 11, 2008.
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