Canlin Energy Corp. has retained Energy Advisors Group to market its operated WI in the Gilby Gas Field in Townships 38 – 43, Ranges 1 – 6 W5M.
The assets are comprised of an average of 62% WI in 31.5 net sections of Crown mineral leases with 107 active wells producing Net ~1,333 BOE/D (~8.0 MMcf/d with ~50 BOPD).
Annual Net cash flow from operations averages ~$11,000,000/Yr over the past three years.
Canlin owns 100% WI in the Gilby Gas Plant (02-27-040-03W5M) along with 82% of the throughput. The plant has a current throughput of ~9 MMcf/d with a design capacity of 52 MMcf/d. Gilby Gas Plant consists of inlet separation, amine sweetening, refrigeration dew point control, NGL de-ethanization along with inlet compression. The Gilby gathering system includes four field compression facilities.
Gilby gathering system and gas plant are within proximity to active horizontal drilling plays from Belly River, Glauconite and Duvernay. Canlin has 10 remaining booked locations in the Glauconite.
Bid Date to be Announced
Click this link to access the Canlin Energy Gilby Sale Package Energy Advisors | CENTRAL ALBERTA ASSET SALE
For more information contact Bill Petrie at 403-869-2705, email at bpetrie@energyadvisors.com or Steve Henrich at 403-294-1906,
email at shenrich@energyadvisors.com
Visit our website at www.energyadvisors.com
