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Imperial Oil Resources Ltd.: 2019 Hussar Offering

May 22, 20194:50 AM BOE Report Staff

Imperial Oil Resources Limited (“Imperial”), on behalf of ExxonMobil Canada Energy (“ExxonMobil”), has initiated a process for the disposition of its Hussar asset. The Hussar asset   consists of operated and non-operated properties located in southern Alberta as further outlined below.

  • Virtual Data Room Available: 05/13/2019
  • Effective Date: 06/01/2019
  • Non-Binding Proposals Due : 06/20/2019

Hussar Area

ExxonMobil’s 2018 Average Production

  • Gas production of 3.0 mmcf per day
  • Liquids production of 260 bbl per day

Major Producing Formations

  • Belly River, Ellerslie, Glauconite, Medicine Hat, Milk River, Viking

Key Features

  • Low decline base production
  • Undeveloped oil upside opportunity
  • Significant ownership in gathering system
  • Ownership in key area infrastructure including gas plants and batteries
  • Spare fractionation capacity available

The package represents ExxonMobil’s working interest and royalty interest in the Hussar area.

Parties who are interested in signing a Confidentiality Agreement to view the Virtual Data Room, should contact:

James Bell
Contractor for ExxonMobil
587-476-4463
james.bell1@esso.ca

Imperial Oil Property Listings Viking

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