Perisson Petroleum收购Ribstone与Success的油气资产

Perisson Petroleum Corporation (TSX VENTURE:POG) is pleased to announce that it has agreed to an assignment from Forent Energy Ltd. of the right to acquire oil and gas assets in the Ribstone area of Alberta and the Success area of Saskatchewan.

The Acquisition will consist of a 10% interest in McLaren and Sparky oil pools at Ribstone, Alberta, and a 10% interest in a Roseray oil pool at Success, Saskatchewan. The Ribstone and Success pools are not currently producing and have 5 wells and 2 wells respectively on the properties, which were suspended from production due to low oil prices in the last 16 months.

The Alberta Energy Regulator has assigned 6 million barrels of oil in place to the Ribstone pool, and, to date, only 5% of this oil has been recovered. Upon closing of the Acquisition, Perisson will become operator of the properties and intends to improve the operating efficiencies at Ribstone by recompleting one of the existing wells, or by drilling a new well, to provide onsite water disposal and reduce the current operating expenses.

The Assignor has identified 10 future McLaren well locations and 8 Sparky well locations which it believes can be placed on production for less than $15,000/BOE/day. Perisson will evaluate the merits of this proposed program, and proceed with drilling of new wells upon the recovery of oil prices.

The Success project has two existing Roseray wells which require the installation of high-volume bottom hole pumps and the conversion of a third well to water injection as part of the improvement in operating efficiency which is planned by Perisson.