The Vancouver-based company has a 51% working interest in the natural gas play.
The lands surrounding the Acadia project are currently producing oil and gas from various fields.
The Viking zone contains natural gas in wells on the boundaries of the south-west and north sides of the project. Mapping indicates that the reservoir continues under the project land.
Pressure analysis of producing gas wells shows that 16 billion cubic feet (MMcf) of natural gas were originally in place in the Viking reservoir adjacent to the project on the north side.
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