Overview:
ExxonMobil Canada Resources Company (“ExxonMobil Canada”) holds approximately 850,000 acres of mineral fee title lands in southern Alberta, Canada (the “South Grant Lands” or “SGL”), 75%+ of which is now available for third party leasing opportunities. ExxonMobil Canada is accepting offers to lease, subject to the lease terms noted below, for all unleased lands in the SGL.
Acceptable Lease Terms:
- Competitive commercial terms expected.
- Primary term between 2-3 years with extensions contingent on development.
- Initial consideration and/or well commitments are expected.
- Competitive royalty rates.
Area Highlights:
- Extensive unleased land position provides a unique opportunity to establish a large acreage position in a historically under-explored geographical area with stacked pay potential.
- Year round access.
- Undisposed infill crown acreage typically available at low entry costs.
- Roughly 720 producing wells targeting multiple formations.
- Undrilled structural closures in the Foothills.
- Undrilled seismic amplitude anomalies in Mississippian and Devonian.
- Thick section of hydrocarbon bearing Mannville and Ellis group channel systems.
- Over pressured, oil-bearing Lower Banff-Exshaw-Wabamun succession.
- Known oil in the Cardium Formation, Second White Specs and the Barrons and Glauconitic Sandstones.
Contact Information:
Vanessa Dixon
Commercial Land Advisor
Vanessa.dixon@esso.ca
Office: 587.476.4553
Cell: 403.990.0964
Alternate:
Brad Moser
Commercial Land Advisor
Bradley.j.moser@esso.ca
Office: 587.476.4628
Cell: 587.223.8723
