Vermillion Energy Inc. has retained Sayer Energy Advisors for the sale of operated WI located in the Greater Kindersley area of west central Saskatchewan. The package includes approximately 188 bbl/d of oil and 19 Mcf/d of natural gas.

Vermillion Energy
(Source: Sayer Energy Advisors)

Opportunity highlights:

  • Average daily sales production: approximately 188 barrels of oil and natural gas liquids per day and 19 Mcf/d of natural gas (191 boe/d).
  • Forecasted operating income net: approximately $1 million or $3 million on an annual basis.
  • Additional horizontal infill drilling identified:
    • Up to 10 horizontal wells per section
    • Result in an estimated net production of 1,000 bbl/d of oil
  • Net asset value of $4.1 million
  • Operator: McDaniel & Associates Consultants Ltd.

Bids are due Oct. 26 at noon CDT. For complete due diligence, please visit sayeradvisors.com or email Tom Pavic, CFA president, at TPavic@sayeradvisors.com