| |
The strength of the West Central region
lies in liquids-rich, long-life natural gas reserves
and high-quality light crude oil. This region consists
of two key areas – Sundre and Whitecourt –
and is managed from Provident’s field office at
Olds. Provident has farmed out a number of higher-risk
exploration projects in the Sundre area while the Trust
proceeds to optimize facilities in the area and to drill
low-risk wells. At Whitecourt, key gas fields operated
by Provident include Paddle River, Wildwood and Heldar.
Based on a substantial inventory of 3-D seismic, Provident
has focused on farming out high-risk projects.
|
|