GRANDE PRAIRIE - NW Alberta

 

The majority of the properties in this area were sold on July 15, 2015 and there remains only the Valhalla property which was shut in during August 2015 as a result of the decline in the natural gas price (capable of producing approximately 300 Boe per day).  Partial production has been restored, however, capital invested on this property by Storm in 2016 was insignificant and minimal activity is planned for 2017.