Desmarais Energy Corporation (Desmarais) is a junior Canadian oil and gas exploration, development and production company with two concentrated core areas: Southeast Alberta, and West Central Alberta. The Company operates approximately 70% of its production base, which consists of varying interests, averaging 39.26%, in 27 producing gas wells. Its focus is on multi-zoned shallow to medium depth gas targets within the Western Canadian Sedimentary Basin. Its Southeast Alberta properties include producing properties and undeveloped lands at Berry, Cessford, Connorsville, Jenner, and Leckie. The properties are developed by 18 producing gas wells with an average working interest of 26.2% (4.7 net wells). The West Central Alberta core properties include producing properties and undeveloped lands at Barrhead, Bigoray, Neerlandia, South Swan Hills, and West Bigoray. These West Central properties are developed by eight producing gas wells with an average working interest of 71% (5.7 net wells).(Source: ARS)
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