Clayton Thatcher, President of Boulder Energy Ltd. (OTCQX: BXO), presented today at EnerCom’s The Oil & Gas Conference® 20.
Boulder Energy Ltd. is a growth-oriented junior oil and natural gas producer based in Calgary, Alberta. Boulder’s primary focus is driving sustainable organic growth at its Company-operated, 100% owned multi-zone Belly River pool at Brazeau in the Alberta Deep Basin.
In the second quarter 2015, Boulder Energy Ltd. reduced average drilling and completion costs to $3.5 million per well from $4.5 million per well using monobore drilling methods and also drilled and completed six net wells.
During the company’s breakout session, management was asked the following questions:
- How many of the reservoirs have been validated?
- How do you relay the value to the shareholders?
- Do you emphasize growth on the assets or do you have other methods of growth in mind?
- Do you have any hedge strategies?
- Can you talk about the financials? Such as cost structure or LOE value?
- What price do you think is necessary to keep your production levels flat?
- Do you have a drilling agreement with Conoco?
- Do you have any HBP properties right now?
- Are you able to explore more horizontal wells?
- How many fracking stages are you using?
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