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CS - News Briefs - January 02, 2019
Sinopec’s Canadian subsidiary launched a public process to solicit proposals for 10 conventional oil and natural gas properties across Alberta. The Chinese company holds an average 49% WI across the 39,166 net acres, which include 19 identified upside locations. Gross production in 1H18 was 340 boe/d (38% oil and liquids) from the Cretaceous, Nordegg, Banff, Mannville, Graminia/Nisku, Ellerslie, Viking and other formations. Sinopec prefers cash bids for 100% of its interest in all lands, wells and infrastructure associated with the properties. To learn more, visit PLS Listing No. PP......
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