Light Oil Montney Play
Blacksteel holds an operated 100% working interest in a light oil Montney resource play in the Girouxville area of Alberta (the “Property”).
The Property consists of approximately 35 barrels of oil per day, 11 sections of land (7,040 acres) with up to 30 meters of oil pay and 200+ million barrels oil in place.
Historically, the property has been underdeveloped due to capital constraints. There are 30+ Montney horizontal development locations identified on the Property.