Open Range Energy Corp
ONR 1.13 CAD | CHANGE: 0.10 | Delayed 15 minutes SEDAR
Latest News
  • 05/9/2012 22:50 Open Range Energy Corp. Reports Quarterly Growth in Funds from Operations, Declining Cash Costs and Strong Montney Light Oil Production More>>
  • 03/23/2012 05:00 Open Range Energy Corp. Announces Strong Q4 and Full-Year 2011 Results More>>
  • 02/29/2012 15:09 Open Range Energy Corp. Montney Well Tests at Up to 2,038 Barrels of New Oil Per Day More>>

 

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Welcome to Open Range
  • IP30 of 608 boe per day on our first horizontal well targeting Montney light oil at Waskahigan. For details, please click here.
  • Our second horizontal well targeting Montney light oil at Waskahigan is to spud early in the second half, with the third and fourth wells to be drilled before year-end.
  • Excellent test results on our first horizontal well targeting Montney light oil at Waskahigan. For details, please click here.
  • Our first horizontal well targeting Montney light oil at Waskahigan spud on January 3. For details, please click here.
  • Ansell/Sundance production includes a mix of Wilrich, Notikewin and Bluesky horizontal production from wells currently on-stream, plus nearly 50 gross multi-zone vertical wells producing from 17 separate geological horizons.
  • Open Range is focused on Deep Basin liquids-rich sweet natural gas and light oil opportunities at Ansell/Sundance, Waskahigan and Rough:
    • Resource play characteristics: unconventional tight sands with large, sweet, liquids-rich, gas-in-place resource and long-life production;
    • Large, high-working-interest, contiguous land position with scalable opportunity base of horizontal and multi-zone vertical drilling locations; and
    • Top-decile operating costs though focused operations, operatorship, liquids content and ownership of key infrastructure.
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Guidance
clear
$45
million capital investment program
$40
million ($0.54 per basic share) funds from operations
4
100 percent WI Montney horizontal light oil wells to be drilled at Waskahigan
3
(2.7 net) horizontal wells at Ansell/Sundance being completed and brought on-stream in Q1
6,200
boe/d average production
700
bbls/d light oil production at year-end
$54
million year-end net debt

 

Contact Us

  • Tel: 403-262-2936
  • Fax: 403-262-3924

  • Emergency Tel: 1-866-604-9538

Copyright 2009 Open Range Energy Corp.