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Contact Exploration Inc. is a junior oil production and exploration company primarily focused on operations in Atlantic Canada. 68,000 acre Frederick Brook Shale Prospect Available for Farmout
Contact’s holdings and operations are located in close proximity to one of the world’s largest consumption markets, near pipeline an refining infrastructure and in jurisdictions with reasonable royalty structures in place. We produce crude oil in New Brunswick (photos above & below) and Saskatchewan, and explore for hydrocarbons on lands throughout Atlantic Canada, our primary area of focus. Contact Exploration is committed to building shareholder equity through maximizing production from its existing fields and the continued exploration of its properties that exhibit the potential of significant oil and gas. June 2007 marked a significant milestone for the company: Contact Exploration transitioned from explorer to producer with commercial oil production from its Stoney Creek Field. Contact's reserves are now proved and probable reserves of 1.2 million barrels of oil and 7.2 billion cubic feet of natural gas, primarily from the Stoney Creek Field (and secondarily from Stoughton, Saskatchewan). These reserves have an estimated 51-101 NPV value of $45 million (proved and probable) Click Here for full copy of March 2008 Reserve Report - Crude Oil Production - Conventional Shallow Sand Exploration - Shale Gas Exploration - CBM Interests -
RECENT NEWS - Stoney Creek N-78 Well Tests at 200 barrels of oil per day. January 7, 2009, (Calgary, Alberta) Contact Exploration Inc. (“Contact”) (TSX-V: CEX) is pleased to announce initial production test results from the Stoney Creek N-78-2328 well. This vertical well, which was drilled and fractured in late 2008, has tested at a rate of 200 barrels of crude oil per day .click here to go to full release NEW COPORATE PRESENTATION (PDF Format) February Corporate Presentation COPIC FALL CONFERENCE WEBCAST - Toronto, Sept 30, 2008 Click here to listen to Newswire Webcast May 2008 Independent Analyst Coverage Feb 28/08 - Acadian Securities Continues Coverage of Contact Exploration Inc. http://www.acadiansecurities.com/research.php NOTE: This link is being provided solely for your information and convenience. It does not constitute an endorsement or confirmation by Contact Exploration Inc of any information in the research report. Farmout Opportunity - Conventional, Shale & Workover Potential - Farmout Opportunity - Fredrick Brook Prospect |
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