Ignite Energy and Power Search

Ignite Energy and Power Search
Land Holdings and Prospect Summary
SUMMARY
Ignite Energy Corporation and Power Search Exploration own approximately 40,000 acres, (60 + Sections) of mineral rights in East Central, Southern and Northern Alberta, on
proven geological trends.
Our focus has been to combine our 50 plus years of business experience and technical innovation in securing plays we believe have the greatest economic potential.
East Central Alberta:
The majority of our lands are in the East Central Alberta, which is currently active with both conventional and unconventional oil drilling in for Viking, Mannville and Nisku
oil.
Provost Region:

Horseshoe Lake Area: Twp 39 -41 Rge 7-8 W4M
•
Horseshoe Lake consists of large block of undeveloped lands with excellent Mannville and Viking oil potential.

Gooseberry Lake: Twp 36 R Rge 6 W4M
•
A seismically identified multi-zone prospect with a potential of 600,000 plus bbls from the Dina.

Others:
•
Prospects in Amisk, David, Silver Heights, Battle River.
Chauvin Region:

Edgerton/Ribstone: Twp 43-44 Rng 4 W4M
•
Seismically identified Nisku location offsetting 2 producing wells in an active Nisku drilling area.

Consort: Twp 34-35 Rng 5 W4M
•
2880 acres of contiguous land in active horizontal Viking oil.

Halkirk: Twp 41-43 Rng 14-15W4M
•
4 sections on a Viking Oil trend.

Utikuma Lake: Twp 80 Rng 7 W5M
•
4480 acres offsetting significant established Gilwood and Keg River production with horizontal drilling underway to the south.

Leduc: Twp 49 Rng 26 W4M
•
Nisku development and potential for Wabamun development.
Consort Region:
Halkirk Region:
Utikuma Region:
Leduc:
HORSESHOE LAKE MANNVILLE AND VIKING
Ignite Energy and Power Search
Horseshoe Lake Mannville and Viking
HORSESHOE LAKE MANNVILLE AND VIKING
HORSESHOE LAKE MANNVILLE AND VIKING
The Horseshoe Lake core area consists of a large land base and multiple horizons, including Mannville
and Viking Resource Locations
2 compelling zones in 6-36
10-34 Manville
location licenced on
3D but never drilled
Viking Oil DST
Dina Lead well (5-12)
Harvest Pool:
>1 Million Bbl
Potential
reserves
New Talisman
Dina Hrz activity
Talisman Lead
Well (7-2)
HORSESHOE LAKE SOUTH
•Recent horizontal
Dina development
on offset land.
Dina Play Horseshoe South
•Large block of
Mannville and Viking
rights.
•Lands offset
Mannville pool
estimated to
produce 1mm bbls.
Harvest Pool
Est. ultimate recovery
1mm Bbls.
Viking Play
(see previous)
•Excellent project,
for a large 3D.
New Talisman hrz activity.
2 long reach and 1 short reach
Oil over Water in Dina
HORSESHOE LAKE SOUTH
• Cross Section from 7-2 (Talisman development) to 5-12 on Ignite/Power Search Lands.
Dina Play Horseshoe South
Talisman lead well
Ignite lead well
Oil over Water in Dina
HORSESHOE LAKE NORTH MANNVILLE SEC 34
• 3 Compelling zones in this
well.
6-34
• Originally a Viking Gas
Producer.
• Requires additional
Structure. Potential Hrz
candidate in Ellerslie.
Zone 1: Glauc: Gas TSTM
Zone 2: Glauc: Water and OCM
Zone 3: Ellerslie
HORSESHOE LAKE NORTH MANNVILLE SEC 36
• 2 Compelling zones in this well.
• Requires additional Structure.
6-36
P
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10-36
Zone 1:L Glauc: Gas TSTM
o
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Zone 2: Glauc: Water and OCM
HORSESHOE LAKE VIKING
The Horseshoe Lake core area has the potential for a large hrz Viking development based on oil production and oil dsts.
1st round drilling
2nd round drilling
3rd round drilling
Based on Oil
DST
Based on Oil
production
Based on Oil Production
Viking Gas Production
CLOSE UP HORSESHOE LAKE VIKING
Oil Dst: 60m Oil,
123m OCM
Key wells with
viking oil
production or Tests
- Gas DST and
small oil
Production
HORSESHOE LAKE NORTH MANNVILLE



Trade 3D and 2D are available on the section
3D over each section is available for approximately $30,000. It is very high quality
Location was licensed at approximately 10-34 but never drilled
3D Coverage
2D Coverage
Licensed Location
never drilled
Oil /Gas shows 3
zones
Down Structure in
Both Zones
Ignite/ Power
Search Lands
Lead wells with oil
/water 2 Mannville
zones.
PROVOST ELLERSLIE/DINA PROSPECT
Ignite Energy and Power Search
Provost Ellerslie/Dina Prospect
PROVOST ELLERSLIE/DINA PROSPECT
•
Upside of >600,000 Bbls on
established Dina/Ellerslie trend.
Isolated highs exist along channel.
•
Offsets existing 3.5mm bbl Dina pool
along Mannville channel.
•
Multi-zone potential, for Rex, sparky
and Viking oil.
•
Ready to drill prospect on recently
reprocessed 2D seismic
Gooseberry
Lake Dina
Prospect
Dina SS Pool
3.5 million to
date
Landsale:
751.00/ha
Ignite/ Power
Search Lands
Horizontal
Sparky Wells
PROVOST ELLERSLIE/DINA PROSPECT
Dina Subsea Depth Map
O/W contact at top
Potential Pool
Updip from oil test
and separate
Section 16
Key Well:
2-4m above O/W
Dst’d 18m Oil
A
A’
2D Seismic
CI=1m
PROVOST ELLERSLIE/DINA PROSPECT CROSS SECTION
11-16 has a separate O/W contact, implying the Prospect is separate from the updip pool. Even if the O/W contact is the same,
the seismic indicates a large potential pool. Additional Mannville sands are also present and may be trapped over high.
A
A’
11-16: Separate O/W
4-5m
O/W
9-16: Oil Dst
12-15: 28k Bbls
O/W
PROVOST DINA PROSPECT COMPOSITE LINE THRU 9-16 SHOW WELL
Composite Line
N
S
E
Density Log
New Feature
Dina Peak
PROVOST DINA PROSPECT
The 2ws-Dina Peak Isochron confirms the prospect and emphasizes the potential separation from the 9-16 well
2WS-Dina Peak Isochron
Section 16
New Feature
PROVOST N-S LINE THRU 11-16
Possible Location
North
11-16 Thin Oil
3-16 Wet
New Feature
Dina Peak
Paleo
South
PROVOST REX PROSPECT
In addition to the Dina play, the
structural closure on the new
seismic also potentially traps a
thick Rex sand that had a poor DST
at 9-16.
Rex Bar Trend
Seismic
Structural
Closure
Rex High
Res?
Dina SS
Pool
Primary Target Dina,
Secondary Rex
Ignite/ Power Search
Lands
PROVOST REX CROSS SECTION
DST
RIBSTONE/EDGERTON
Ignite Energy and Power Search
Ribstone/Edgerton
RIBSTONE/EDGERTON
RIBSTONE/EDGERTON



Potential Nisku Hrz or
Vertical location in
Ribstone, seismically
defined.
Potential Nisku Hrz
Location in Edgerton,
probably requires
seismic
3 New wells licensed
in Edgerton and
Ribstone
Edgerton
Ignite/ Power
Search Lands
Landsale: 410.12/ha
New well
Ribstone
RIBSTONE NISKU POTENTIAL




Potential Nisku Hrz or
Vertical location in
Ribstone, seismically
defined.
Over 310K bbls
produced from 2
offsetting wells as of
to date.
South east quarter
has been downspaced
previously by
Talisman.
3D over entire section
11 exists, but has
been made
unavailable by
Talisman.
Ignite/Power Search
Seismically defined
location at 1-11 for
either a vertical or
hrz drill.
Talisman licence
Cum nisku production
from offsetting wells
310k
RIBSTONE NISKU SEISMIC 2WS-NISKU
Ignite/Power Search
Nisku Producers
Vertical or
Hrz Location
RIBSTONE NISKU SEISMIC SPARKY AMP
Sparky Amp with 2ws-Nisku Contours
Ignite/Power Search
Nisku
Producers
Vertical or
Hrz Location
EDGERTON NISKU POTENTIAL
•
Offsets existing Hrz that has produced over 331,000 Bbls
Proposed Hrz framed by
Nisku Producers
Existing Hrz, Cum >331K Bbls
Proposed Hrz
DAVID
Ignite Energy and Power Search
David
DAVID



Multiple zones, offsetting
new drilling by Conserve,
Blackshire and Surge
Recompletion and
downspacing potential.
Eg. 02/2-34 never
completed in Ellerslie
Most of the wells drilled
in early 80s. 3D available
to sort out complexities
02/2-34 Glauc Prod
Bypassed Zone
Ignite/ Power
Search Lands
DAVID CLOSE UP
Available 3D
Outline:
$27,000
Green Wells Lloyd
Producers
80K Bbl
Cum
Potential
Locations
66K Bbl
Cum
48K Bbl
Cum
Missing some big
wells
4-35
237k
16-27
200k
DAVID LLOYD SAND PLAY
The Lloyd sand play is a complex play with the zone alternately dominated by coal or sand.
Key is to use seismic to distinguish the zones or drill updip from wet sands.
If Seismic is compelling enough, a possible Hrz play to increase IPs
~48K Bbls Cum
P
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L
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DST: Oil and Water
CONSORT
Ignite Energy and Power Search
Consort
CONSORT
CONSORT



New Viking Oil Hrz
Play in existing
Viking Gas field
Based on high oil
production in
existing gas wells
3.5 Contiguous
Sections
Green Wells Viking Producers
Ignite/ Power
Search Lands
New wells drilled
First
Hrz
Ignite/ Power
Search Lands
Oil Production
Successful Hrz wells seem
to be drilled near Vertical
Wells with High Oil cut
HALKIRK
Ignite Energy and Power Search
Halkirk
HALKIRK
Ignite/ Power
Search Lands
Edge Related to
Leduc Reef
Trend?
Closest
Viking Hrz
Producer
Camrose
Producers
QUEENSTOWN
Ignite Energy and Power Search
Queenstown
QUEENSTOWN HRZ GLAUC PLAY
• Ignite and Power
Search own a quarter
section with a proven
Glauconite Channel in
the Queenstown area.
Recoveries in the two
existing wells are poor,
and offset oil production
is also challenged.
• Upside would be to
gain control of the
offsetting acreage and
drill several hrz wells.
Proposed Hrz
~48.8K Bbls Cum
QUEENSTOWN HRZ GLAUC PLAY
• The Channel
appears to be a shaly
sand with no bottom
water, ideal for a
Horizontal well.
Produced 468 Bbls Oil Cum
UTIKUMA LAKE
Ignite Energy and Power Search
Utikuma Lake
UTIKUMA LAKE
UTIKUMA LAKE

Offsets 2 wells
that produced
over a million bbl
each in the Keg
River.

Multiple zones
including the Keg
River, and
Gilwood.

Seismic Available
Close Up
Ignite/ Power
Search Lands
Well Produced 644,000 bbl
Well Produced 1.1 Million bbl
Well Produced 1.7 Million bbl
Well Produced 856,000 bbl

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