BNP is currently working on updating our year end accounting documents and are working towards getting the shares trading again on the TSX Venture Exchange. Madison Exploration will also be a publicly traded company.
Our initial growth strategy is to work on well recompletions to increase oil production towards 50 barrels per day.
Future wells are anticipated to take advantage of horizontal drilling technology and new acoustic imaging technology provided by Darkvision Vancouver. https://darkvisiontech.com/
We are familiar with the Coutts area which is a 4 hour drive south of Calgary. Operating costs are lower than Northern Alberta Production. The Coutts oil pool has multiple horizontal drilling opportunities, as well of other potential pool extension opportunities, located west of Coutts.
Wells in this area are powered using casing gas with limited opportunities to connect to utility power. The long term development plan is for horizontal wells and oil batteries, which will require the extension of utility power to the Coutts oilfield and various target development areas to the west. It planned for this to be a company owned overhead power line, which eliminates the requirements for payment of "Aid To Construction" fees to the local utility. This allows the overhead power line asset to be sold to the utility at a later date for book value, rather than subsidizing the line extension for the utility. We also have access to new technology https://darkvisiontech.com/ to assist with troubleshooting downhole wellbore casing issues. We will be one of the first "junior explorers" to adopt this technology in Alberta.
1. Working to obtain debt financing for the purchase of the Coutts oil production asset from Vendor.
2. Setting up a small office to run the operations from Calgary, Alberta, along the #3 bus route, close to downtown Calgary.
3. Applying for an Alberta Operator License.
4. Take sidecar company public and raise $1 million in equity. Anticipate trading on the TSX Venture Exchange, if funds raised in Canada, or AMEX / Nasdaq if funds raised in the USA.
5. Grow sidecar company to 50 barrels of oil per day, through existing well reactivations and casing repairs. New technology is now available from "DarkVision" in Vancouver for mapping well casing problems, in order to facilitate repairs. Multiple wells can be targeted. We will utilize this new but proven technology to add value to our assets. https://darkvisiontech.com/
6. Map the Coutts oil pool and develop the horizontal drill program. Acquire new drilling locations and bank land.
7. Develop the overhead power line extension plans and budgets. Finance the overhead power line through another related sidecar company with 70% debt - 30% equity. This allows the asset to be sold later to the local utility, without funding utility "aid to construction".
8. Prepare cost estimates for first horizontal well, oil battery, gas conservation pipeline, and overhead power line hook up.
9. Participate in front end work on other Alberta energy projects, as a partner, in exchange for equity.
10. Fund first horizontal well and infrastructure with existing cash flow.
11. Work on first 50 - 100 barrel per day corporate acquisition within the district, with 20% cash and 80% shares. Add value by hooking up to company owned overhead power line.
12. Farm in on new oil pool extension well, & purchase drilling rights. Develop budgets for horizontal drilling, oil battery, gas conservation pipeline and overhead power line hook-up. Drill and complete.
Calgary Stampede July 2026 - Shareholder Happy Hour at the Calgary Petroleum Club and our future brokerage firm pancake breakfast.
Mon | Closed | |
Tue | Closed | |
Wed | Closed | |
Thu | Closed | |
Fri | 06:00 pm – 09:00 pm | |
Sat | 09:00 am – 06:00 pm | |
Sun | Closed |