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Alberta Properties
All properties are in Alberta, Canada.
Properties Overview Map (click on map for larger image)
Link Property
The Link Property is located in Township 34, Range 17W4.
The property consists of 256 gross hectares of land and contains 1 producing well and associated facilities.
The well produces sweet dry gas from the Edmonton sand at 250 meters at a current rate of 140 MCF/d.
Keeper holds an undivided 96.25% working interest in 256 hectares in section 22 T34 R17 W4.
Keeper owns the PNG rights from the surface to the base of the Belly River formation.
Keeper has identified 1.5 meters of bypassed pay in the Edmonton sand that could be perforated
and put on production when the current pay zone production falls to a marginal economic rate.
Bonnie Glen Property
The Bonnie Glen Property is located in Township 46 Range 28W4.
The property consists of 256 gross hectares of land and contains 1 producing well and associated facilities.
Keeper currently nets about 50 MCF/d along with about 1 bbl/d of NGLs.
Keeper holds a 25% working interest in of section 12 T46 R28W4.
Keeper owns the PNG rights from the surface to the base of the Mannville Group.
Keeper has identified an Upper Glauconitic sand that appears to be gas bearing on logs.
This zone could be perforated and brought on when the current production falls to a marginal rate.
Niton Property
The Niton Property is located in Township 54, Range 12W5 and Township 55, Ranges 12 and 13W5.
The property consists of 5568 gross hectares of land and 364 net hectares of land.
The property contains 26 producing wells and associated facilities.
Keeper currently nets about 50 MCF/d of gas and 7 bbls/d of NGLs.
Keeper holds interests ranging from a gross override to a 3.33% working interest.
The majority of Keeper's rights in the area are natural gas in the Rock Creek formation.
The property's decline rate is very low.
Nevis Property
The Nevis Property is located in Township 38, Range 22W4.
The property consists of 768 gross hectares of land which contains 2 producing wells, 6 shut in wells and facilities.
Keeper nets about 30 MCF/d and 1 bbl/d of NGL.
Keeper holds 12.2% working interest in section 34, 3.2% working interest in section 35 and 10.28% working interest section 36.
Keeper owns the PNG rights from the surface to the base of the Mannville Group.
The area is very active drilling for coalbed methane and Keeper will be participating in the drilling program for CBM.
Meekwap Property
The Meekwap project consists of 576 gross hectares of land and is located approximately 50 kilometres west of the
town of Swan Hills in Township 66, Range 15 W5M. Keeper participated in drilling a well to 2400 metres resulting
in oil production from the Nisku formation. Under the terms of the farm-in, Keeper paid 25 percent of the well
costs to earn a 25 percent interest in the well before payout (subject to an overriding royalty of 15 percent on
gas and a sliding scale of five percent to 15 percent on oil until payout) and 12.5 percent after payout. Also,
by drilling the test well, Keeper earned 12.5 percent on the remaining lands.
By December 2005 Keeper increased its interest from 25% before payout to 41.7% and from 12.5% to 20.8% after
payout on the 9-29 oil well. As a result of the purchasing the well interest, Keeper increased its working interest
in the remaining undrilled 512 hectares from 12.5% to 20.8%.
The 9-29 well is currently producing approximately 90 barrels per day of light oil. Two additional wells have
been licensed and are scheduled to be drilled by year end. There are five additional locations that can be drilled
based the success of the wells drilled before year end.
Sexsmith Property
Through a farmout, Keeper rentered a suspended wellbore and completed the Paddy zone which production tested 1.2 mmcf/d with no water.
The well is currently being tied into Encana’s gathering system. Keeper has earned a 50% working interest in section 21 T 74 R6 W6.
Bittern Lake
Keeper Resources Inc. is currently executing an exploration and development program in the Bittern Lake area of Alberta.
Keeper's current land position in the Bittern Lake area consists of 2100 gross hectares and 1890 net hectares.
One target is the coal bed methane gas in the Horseshoe Canyon Formation.
Another objective of the program is to evaluate Glaucontic sand gas prospects.
Keeper has reentered the 02/10-4 wellbore and recompleted the Glauconitic zone for gas production.
The well is currently producing about 70 Mcf/day.
The 2-26 was drilled for CBM, production tested 100 mcf/day from the coal and 80 mcf/d from the Edmonton sand, and is currently being tied in.
The 12-2 well was drilled for CBM and is currently being evaluated.
Keeper has entered into a farmout agreement with Devon Canada on 2 sections of land and has elected to drill a well to test the Glauconitic and Ellerslie sands.
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