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Alberta and Saskatchewan Heavy Oil Property Divestiture

December 4, 20183:36 AM BOE Report Staff

Zeal Energy Inc. is seeking a buyer for our Alberta properties.

  • Zeal holds 100% ownership in 48 wells and 2215 Acres of P & NG rights in the Vermillion, Auburndale, Kitscoty and Lloydminster areas
  • Current production from 2 wells is app 50 boe/day
  • 12 wells are fully equipped and can be reactivated with minimum costs and can increase production to 200 – 250 boe/day
  • Asking: $1.00

Drill ready Saskatchewan property

Zeal is looking for a buyer for freehold mineral rights for 160 acres in the Maidstone, Saskatchewan area.

  • There is a lease that is constructed and ready for a drilling rig
  • This play has Cummins, Sparky, Waseca, Mclaren and Colony potential
  • Freehold lease term: 2 yrs with a 5% royalty holiday for the first 15,000 barrels of oil produced and then 15% thereafter
  • Price: $5,000

For more information, please contact Ken at 780 205 0121 or Braiden by email at bkparohl@icloud.com or at 780 870 2613

Property Listings

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