Rally Canada Resources Ltd. (Rally) is a growing private oil & gas exploration and development company headquartered in Calgary, Alberta, Canada. Rally currently holds 100% working interest in 1,200 km² (approximately 470 sections, 300,800 acres) conventional Crown Lands in Alberta and produces 1,300 BOE/day, about 70% of the production is light oil, 30% is natural gas. Rally plans to increase the production to 2000 BOE/day by the end of 2016, and 6,000 BOE/day by the end of 2017.

Milestones

1. May, 2015, Rally Canada Resources Ltd. completed the acquisition of additional properties in Alberta with a total production of 1,300 BOE’s per day.
2. December 19, 2014, the acquisition of Rally Canada Resources Ltd. was completed by Bomo International (Hong Kong) Company Limited and Kangbei International (Hong Kong) Limited. Post-acquisition, Rally Canada Resources Ltd. is held by three major shareholders: Bomo International (Hong Kong) Company Limited (51%), Rally Canada Investment Ltd. (25%), and Kangbei International (Hong Kong) Limited (24%).
3.August, 2013, started financing to drill new wells and acquire oil & gas properties.
4. Up to June, 2013, Rally purchased 307 sections (785 km2) of Crown lands with 100% working interest; and 55.7 kilometers of 2D seismic in the Red Earth area.
5. January, 2013, purchased PetroFountain Energy Inc. with 100% WI in 20 sections of land. Completed staffing/management team.
6. August, 2011, set up the company, created a Board of Directors and started building a management team.

Market Watch

14,984.96
(+33.08--0.22%)
882.74
(+1.72--0.20%)
21,899.89
(+196.14--0.90%)
2,452.51
(+24.14--0.99%)
6,297.48
(+84.35--1.36%)
0.7938
(-0.0017 - -0.2137%)

Real Time Oil Price

Overview

Total Crown Land Holdings:
Approximately 1,200 km2 with 100% Working Interest
Daily Production: Currently about 1,300 BOE/d
 
Core area I - Bashaw Areas
66.56 Km2
Light oil
Oil Production: 900 bbl/d

Core area II - Red Water Areas
43.36 Km2
Light oil
Oil Production: 300 bbl/d

Core area III - Utikuma Lake, Red Earth Areas
760.6 Km2
Light oil
Exploration Blocks
 
 

Utikuma

Utikuma Lake - Location

 
  • 100% working interest in 735 km2 Crown land
  • Acquired the lands in January, May and June 2013
  • Multiple Pay Zones: Granite Wash, Keg River and Gilwood
  • Sweet light oil (38°~41°API)
  • Close to Nipisi oil field, Utikuma Lake giant oil field.
  • Average porosity is 14%
  • Average Permeability is 250 md
  • Average oil saturation is 69%
  • Many wells with high production rates inside of this area
  • Abundant roads and pipelines close to our lands
  • 4 or 5 year license or lease term

Utikuma Lake – Regional Stratigraphy

 


 Schetch of Trap Mechanism in Utikuma Lake Area

 


Core Area I - Gilwood Reservor Geology


Core Area I - Gilwood Reservoir Geology


Core Area I – Gilwood Reservoir Geology

 


Core Area I - Gilwood Reservoir Geology - Adjacent Typical Well

Well depth: 1,750 meters Average porosity: 16%
Thickness in typical well: 3.3 meters Average permeability: 230 md
Resistivity of the pay zone: 3 ohms Average oil saturation: 69%

Core Area I - Gilwood Reservoir Geology - Adjacent Typical Well


 Core Area I - Typical Keg River Well

Well depth: 1,750 meters Average porosity: 18%
Thickness in typical well: 4.0 meters Average permeability: 400 md
Resistivity of the pay zone: 3 ohms Average oil saturation: 68%

Core Area I – Typical Keg River Well

p17


Core Area I - Typical Slave Point Well

Well depth: 1950 meters
Depositional facies: Reef
Thickness in typical well: 6.0 meters
Resistivity of the pay zone: 500 ohms
Average porosity: 10%
Average permeability: 1,000 md
Average oil saturation: 90%

 


Core Area I - Slave Point Reservoir Geology

 

 

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