Impact: Slightly Positive. Spartan's technical work and drilling results to date have helped solidify a low-risk, multi-year drilling inventory throughout SE Saskatchewan of open-hole locations that are expected to deliver top tier half-cycle economics featuring IRRs of up to ~96% and payout in just over a year within the current commodity environment. Recent drilling results have also confirmed 2 of 3 new play concepts the Company is testing in Queensdale, which have previously had zero reserve ....
08 Sep 2015
SPARTAN ENERGY CORP. (SPE) ANNOUNCES UPDATED CORPORATE PRESENTATION AND OPERATIONAL UPDATE
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SPARTAN ENERGY CORP. (SPE) ANNOUNCES UPDATED CORPORATE PRESENTATION AND OPERATIONAL UPDATE
- Published:
08 Sep 2015 -
Author:
Cody R. Kwong -
Pages:
3
Impact: Slightly Positive. Spartan's technical work and drilling results to date have helped solidify a low-risk, multi-year drilling inventory throughout SE Saskatchewan of open-hole locations that are expected to deliver top tier half-cycle economics featuring IRRs of up to ~96% and payout in just over a year within the current commodity environment. Recent drilling results have also confirmed 2 of 3 new play concepts the Company is testing in Queensdale, which have previously had zero reserve ....