By OGJ editors
HOUSTON, Oct. 3 -- Operators hope to start production in late 2008 from a coalbed methane project in Northeast British Columbia.
Canada Energy Partners Inc., Vancouver, BC, with 50% interest, and the undisclosed partner as operator have drilled and run fracs on five wells and connected them and three previously shut-in wells to the Spectra Energy pipeline that crosses the lease near Hudson's Hope northwest of Dawson Creek, BC.
The 50,188-acre Peace River project property has room for 315 wells on 160-acre spacing.
Capital spending exceeds $36 million (Canadian) since 2001, on four core holes, four water disposal wells, and nine production-tested wells. Consulting engineers estimate a discovered resource of more than 2.3 tcf of gas excluding carbon dioxide.