Exploration and Development Overview
Great reservoir rock. Large oil-in-place. Multi-zone opportunities. Extensive high-working-interest land positions. And aggressive use of long-leg horizontal wells, multi-stage fracturing and other advanced drilling and completions technology. These are among the key ingredients that have driven DeeThree’s organic growth into the intermediate producer class. Plus the most important ingredient of all: the mindset of explorationists, motivating us to drill in places and to use methods that other companies simply wouldn’t.
DeeThree’s drilling activity, land capture and overall capital investment are focused on two oil-producing assets in Alberta:
In addition, the Company holds non-core lands in the Peace River Arch of northwest Alberta, where it is engaged in carefully selected drilling for Montney, Doig and Charlie Lake opportunities.
Since 2010, DeeThree’s organic exploration and development activities have delivered the following successes:
DeeThree’s extensive mapped pool areas and its large horizontal drilling inventory are the foundation for years of additional growth through the intermediate producer class.