Sprott Energy Holdco Ltd. (“Sprott” or the “Company”) has initiated a process to divest of the Company’s natural gas producing wells situated in Ansell, Pine Creek and Willesden Green, currently producing ~95 BOE/d (net WI) from the Bluesky and Notikewin Formations.
Sprott’s non-operated working interest ranges from 26% to 40% in 7 gross (2.3 net) wells.
The wells averaged 22 bbl/d of NGLs and 435 Mcf/d to Sprott’s WI during the first two months of 2023, with corresponding annualized net operating income of ~$0.6 MM ($15.90/BOE).
Interested parties that execute the attached CA will be provided additional information through a virtual dataroom. The deadline for non-binding proposals is June 5, 2023.