Buffalo Gets Approval for Frog Lake Development

Buffalo Resources Corp. has received approval from the Energy Resources Conservation Board (ERCB) of its holding application for a Primary Recovery Scheme which allows for increased well density of producing oil wells at Frog Lake, Alberta.

All Buffalo's operated properties at Frog Lake can now be developed in a manner consistent with other fields in the surrounding area, generally allowing for four hectare spacing per well with a minimum interwell distance of 100 meters. With this approval in place, Buffalo can commence its development drilling program comprised of 150 to 250 wells over the next two to four years.

Early in the new year, Buffalo will provide an update on the timing and number of wells that it intends to drill at Frog Lake in 2009.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Intelligence & Risk Assessment Analyst
Expertise: Legal|Risk Management
Location: San Ramon, CA
Substation Compliance (PRC) Analyst Job
Expertise: Business Analyst|Regulatory Compliance
Location: Denver, CO
Store keeper / Warehouse - Zanesville Ohio - 6200
Expertise: Storeman|Supply Chain Management|Warehouse Person
Location: Zanesville, OH
search for more jobs

Brent Crude Oil : $48.6/BBL 1.12%
Light Crude Oil : $46.34/BBL 1.24%
Natural Gas : $2.9/MMBtu 2.35%
Updated in last 24 hours