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About Pincher Creek

The Pincher Creek Field has been one of the most prolific fields in Alberta . It is a structurally-controlled, over-thrusted imbricate stack that has been producing since 1947 and to date has produced some 600 BCF of gas and 1 million + BBLs of associated liquids from the Mississippian-age carbonates of the Turner Valley (Rundle) formation. It is believed that an estimated 225 BCF of gas remains to be produced from the Mississippian formations in the productive plates that have been accessed thus far, although present production from Pincher Creek is 2 MMCFD. Palaeozoic carbonates have been prolific targets in the region with the Waterton, Turner Valley , Coleman, Savanna, Lookout Butte, Jumping Pound, etc., fields having produced many TCF of gas and hundreds of millions of barrels of associated liquids. However, due to the time of discovery and the focus on the Mississippian carbonates as the objective target, little attention was paid to the overlying Cretaceous and Jurassic sections that were effectively by passed through en route to the Mississippian below -- especially once the initial discovery was made and subsequent drilling was development-driven. Only seldom were any of the uphole zones evaluated in any fashion, however limited testing indicated that there were uphole hydrocarbon accumulations. These zones were not considered of interest at the time, especially with the prolific Mississippian as the development target.

The most promising uphole zones identified thus far are the Lower Cretaceous Cadomin and Lower Cretaceous to Upper Jurassic Kootenay / Nikanassin (Brown) sand units. The Cadomin is the primary producing zone in the northern fields while the Kootenay equivalents are productive in the Turner valley. Analogous zones in recent Talisman wells typically have Initial Production and sustainable production rates of 2.0 MMCFD and 100 BOPD respectively. Individual wells typically have cumulative production values of between 3 BCF and 6 BCF for the Cadomin and Brown sands respectively. These uphole zones at Pincher Creek are structured and sometimes imbricated in a continuation of the same over thrusting episode that affected the underlying Mississippian carbonates.

The concept for this uphole zone play is simply to follow sand development across the Pincher Creek structure and access these hydrocarbon-bearing sands via existing wellbores -- possibly leading to drilling development. Montello is very enthusiastic about the opportunity here and is looking forward to a close JV Relationship with Pennine.


 

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