OilVoice - Pepper Rock Resources Announces Next Phase of Canada Project

Pepper Rock Resources Announces Next Phase of Canada Project

Wednesday, February 24, 2010

Pepper Rock Resources Corp. reports details on the next phase of the Southern Alberta, Canada project. The company purchased assets that include a 49% interest in a natural gas processing and compression facility; natural gas pipeline, additional infrastructure and certain lands associated to the infrastructure. The gas plant is capable of processing 10mmcf sour gas by regenerative solution, as well as sweet gas compression, gas metering and water storage. The facility is a key strategic element to the downstream regional production of gas from the pipeline. This project has been found to have the potential to contain over 8 BCF of natural gas.

Currently, Pepper Rock's goal is to place 4 wells online within the next 4 weeks. The natural gas pipelines on this property connect to a major trunk line operated by EnCana which extend out towards three gas wells ready for tie-in. Pepper Rock is currently undertaking plans to tie-in these gas wells.