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NAL Oil & Gas Trust provides an operations update on its Cardium and Mississippian light oil projects in central Alberta and southeast Saskatchewan.


On NAL's operations at Cochrane and Hoffer, Mr. Marlon McDougall, NAL's Chief Operating Officer, stated "we are encouraged by the initial results of the light oil plays at both Cochrane in Alberta and Hoffer in Saskatchewan, with performance to date which has exceeded our expectations in these two emerging areas. With limited reserves currently booked, we remain optimistic about the future production and reserves potential for the Trust, despite the early stage of development. These two areas are expected to grow significantly in the future, complementing the Trust's established light oil play in the greater Garrington area where performance in the Cardium is now proven to be repeatable with 31 wells drilled, yielding attractive economics and establishing considerable running room over the next several years."
Source: Digital Journal

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