Rock Energy
USA southwest Saskatchewan : the Onward play in the North of Kindersley and Mantario South of Kindersley .
“ What ’ s particularly great about Mantario ,” Bey says , “ is we ’ ve got a pool producing about 3,500 barrels of oil per day right now and we ’ re implementing an EOR polymer flood there . Once that ’ s operational early next year , we ’ ll have about a 3300-3500 barrel per day production platform that will stay flat for the next 3-4 years . It ’ s a very strong foundation of cash flow .”
These projects are paying off , since 2012 cash flow per share has increased more than 100 percent each year . Production per share is up dramatically as well and is expected to grow another 25 to 30 percent this year .
Allen Bey President and CEO supplier profile
Weatherford
Weatherford ( NYSE : WFT ) is one of the largest global providers of products and services that span the drilling , evaluation , completion , production and intervention cycles of oil and natural gas wells . Weatherford is a new breed of service company — one that can provide the industry with extended products and services , more efficient operations , more powerful research and development capabilities and greater geographic diversity .
Website : www . weatherford . com www . rockenergy . ca 83