Skymoos

Highlights:

• The Skymoos prospect covers 2 blocks (14/29a and 14/30a) through a 2018 licence awarded to EnCounter.
• It is the first time the 2 blocks have been licensed together for several decades
• Skymoos is on trend with several developed oil and gas discoveries in an area of prolific hydrocarbon charge
• Analogous to the giant Buzzard Field discovery made by the EnCounter team at PanCanadian
• A structural/stratigraphic closure within the Upper Jurassic Burns Sandstone reservoir
• Additional exploration potential within the underlying Claymore Sandstones
• Imaged on high-quality 3D seismic
• Shallow low-cost drilling of normally pressured reservoir
• farm-out process underway