Hell’s Half Acre Petroleum Corp. has retained Sayer Energy Advisors to sell its oil and gas property in the Willesden Green area of Alberta.
The package includes 100% working interest in three-quarters of a section of Crown rights to the base of the Cardium formation. The company will also consider selling its 100% working interest liquids-rich Glauconite gas production at the same time.
Production is 500,000 cubic feet of gas and 32 barrels of oil and gas liquids for a total 115 barrels of oil equivalent per day from six Glauconite gas wells. Operating income from the property is approximately $1.0 million per year.
The bid due date is March 24. Contact Alan W. Tambosso, 403-266-6133, atambosso@sayeradvisors.com.
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