New properties on PNGX

Two new properties are now available on PNG Exchange:

Property: North PRA Lower Charlie Lake
Company: Anegada Oil Corp.

• Toehold position in the emerging lower Charlie Lake play fairway of the Peace River Arch
• One of the few plays in Alberta that delivers >100% IRR’s at current commodity pricing and an average payout < 1year
• Near term expiries in Q3/Q4 2021 – Most of which are licences.
• 5 Net Sections – Lower Charlie Lake Rights – All 100% WI- no encumbrances
• 9 Net Sections – 100% WI- Prospective for Montney Oil
• 24&25-81-10w6-100%WI-Surface to base Fernie Rights

Property: Lloydminster AB HO
Company: Crew Energy Inc.

• Heavy Oil – AB Mannville, 2-49-2W4M
• 256 Ha, 100% working interest

About PNG Exchange

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