PROJECTED PRODUCTION NUMBERS for 2012
Production forecasts for the end of 2012 are currently being prepared.
JOFFRE PROPERTY
CURRENT ACTIVITY
There are 9 gross wells capable of production - 4 Belly River , 4 CBM and 1 Viking - totaling approximately 100 BOEs/Day.
A new well has been licensed and a workover is planned for 2 others.
FUTURE
Three wells are scheduled to be tied-in during 2012.
LLOYDMINSTER PROPERTY
CURRENT ACTIVITY
Nordic has a 33 1/3% interest in 16 heavy oil wells, producing approximately 40 barrels per day.
The Company has 100% interest in a gas well that is producing 65 BOEs/day.
FUTURE
A new well is to be drilled in 2012, while numerous re-entry locations are also available.
RESERVES REPORT
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