Operations Marten Hills

Solid economic returns from high netback Clearwater production with secondary recovery potential

Rubellite has an interest in three sections of land and 11 horizontal multi-lat producing wells at Marten Hills. The Marten Hills deal formed an integral part of an arrangement to secure access to other exploratory lands on the northern Clearwater trend. The Marten Hills acreage is fully developed for primary recovery and Rubellite is preparing to begin execution of a waterflood for pressure maintenance and secondary recovery. Offset operators have executed waterflood pilots which are showing promising results to increase recoverable reserves and maximize recovery. 

Production operations were established in July 2021. Oil is treated onsite and trucked to a nearby pipeline terminal for sales.  

Rubellite is the operator and has a 30% working interest at Marten Hills.