Ukalta is located approximately 55 miles northeast of Edmonton. Rubellite holds close to 35 sections of contiguous land prospective for the Clearwater play at Ukalta. The primary Clearwater zone is under active development utilizing six to eight leg multi-lateral wells. A continuous drilling program is growing production volumes while testing various well designs to optimize capital efficiencies and recoveries. Rubellite has identified close to 85 development/step-out locations on captured lands. Secondary recovery schemes are being investigated to provide reservoir pressure support and increase oil recoveries. Additional exploratory potential has been identified in several other Clearwater zones.
Oil is produced to multi-well batteries where it is treated and trucked to sales. Excellent highway access and county road infrastructure, concentrated pad operations, and adequate solution gas to fuel operations result in low operating costs. Field level water and gas handling solutions are expected to further enhance netbacks. Rubellite has a 100% working interest at Ukalta.