Path to Commercial Gas Production
TTCBM Project: Path to Commercial Gas Production
Q2 2022
H2 2022
PATH TO
COMMERCIAL
GAS
2025
2023
2024
1. Estimates only, not yet approved by the regulator MRPAM
ca
$
KEY GAS CRITERIA SATISFIED
■ Six well program to deliver composition,
content, permeability and saturation information
EXTENDED PROD TEST / 2022 PROGRAM
■ Red Lake-5 test, 90-180 days; 2022 drilling
program of up to five wells; Contingent
Resource booking Red Lake area
PILOT PRODUCTION
POTENTIAL WELLS TO
BE DRILLED
Red Lake-5; Red
Lake-6
Up to two appraisal
and three exploration
wells1
■
Up to 4 wells producing for at least
six months
■ 5+ wells1
DEFINITIVE FEASIBILITY STUDY
☑
■ Gas field development confirmed via
technical and economic assessment;
2P Reserve booking
■ 10+ wells¹
COMMERCIAL PRODUCTION
■ Full field development completed; commercial
gas production commenced
■ 20+ wells¹
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