Ravenwood Energy Corp.

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Post Date
Estimated Price
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Description

Ravenwood Energy Corp. has retained Sayer Energy Advisors to sell its working interests in two producing gas properties, two producing oil properties and one shut-in light oil property in southern Alberta. The properties are in the Taber North and Armada areas and on the Peace River Arch at Gordondale, Pingel and Balsam. Recent net daily production has averaged approximately 34 barrels of oil per day, (182,000 cubic feet gas, 3 to 4 barrels of oil and gas liquids). Potential exists to drill additional wells targeting the Gething formation. The bid due date is Oct. 9. Contact Alan Tambosso, 403-266-6133.