Open Range Energy

ONR 1.26 CAD | CHANGE: 0.01 | Delayed 15 minutes SEDAR

01/12/2012 19:37 Open Range Energy Corp. Announces 2012 Capital Program Focused on Montney Light Oil in Addition to Continued Development at Ansell/Sundance More>>
12/22/2011 15:13 Open Range Energy Corp. Exceeds Year-End Production Guidance More>>
12/1/2011 07:45 Open Range Energy Corp. Announces Significant Notikewin Horizontal Well Results and De-Risking of Notikewin Horizontal Inventory More>>

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.


	million capital investment program
	million ($0.54 per basic share) funds from operations
	100 percent WI Montney horizontal light oil wells to be drilled at Waskahigan
	(2.7 net) horizontal wells at Ansell/Sundance being completed and brought on-stream in Q1
	boe/d average production
	bbls/d light oil production at year-end
	million year-end net debt