net asset value (nav) - Primera Energy Resources Limited
net asset value (nav) - Primera Energy Resources Limited
net asset value (nav) - Primera Energy Resources Limited
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Location and Historical Block Data<br />
Working Interests <strong>Primera</strong> <strong>Energy</strong> <strong>Resources</strong> Ltd Ltd. 16 16.2% 2%<br />
Parex <strong>Resources</strong> (Trinidad) Ltd. 83.8% (Operator)<br />
State Exploration and Production License renewed in August 2007 (term: 25 years)<br />
Location: Southern Basin, Onshore Trinidad<br />
Acreage: 7,442 acres (gross)<br />
Wells drilled: 15 wells (drilled ( 1950’s), ), deepest p well Rochard-1 (11,535 ( , ft) )<br />
Formation depth: 3,500 ft to 10,000 ft<br />
Oil Gravity: 29-37 degree API<br />
Cumulative production: 113,677 BO (Dec. 1991)<br />
Seismic coverage: 85 sq km of full fold 3-D data (2007)<br />
Costs incurred to date (gross): approx approx. US$29 US$29.0MM 0MM (License payments payments, seismic seismic, studies studies,<br />
drilling, testing)<br />
Herrera prospect, with several other leads and prospects identified<br />
Carried on two (2) wells thru farm-out period (carry involved a 5% participating interest by<br />
PERL)<br />
TSX-V: PTT<br />
12<br />
PRIMERA ENERGY RESOURCES LTD.
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