CALGARY, ALBERTA – August 23, 2013 - (ACCESSWIRE) - Maple Leaf 2012 Energy Income Limited Partnership (“Maple Leaf” or the “Partnership”) is pleased to announce that it has made commitments for all available funds.
The Partnership has invested $13,414,987 into joint venture programs targeting 7 development wells located in north central Alberta. The Partnership has participated in a 6 well multi-frac horizontal development drilling program, targeting light oil in the Cardium formation. To date, the 6 wells in the program have been successfully drilled and all are on production. In addition, the Partnership participated in one Belly River horizontal oil well which has been drilled and completed, and commenced production at the beginning of April 2013.
OIL & GAS PRICE VOLATILITY
Maple Leaf reminds you that commodity (oil & gas) price volatility can have a significant impact on the amount of revenues realized by Maple Leaf from the sale of its oil & gas, and correspondingly, the amount of distributions Maple Leaf is able to pay to investors.
FOR FURTHER INFORMATION
Please contact Shane Doyle, President
MAPLE LEAF 2012 ENERGY INCOME LIMITED PARTNERSHIP
609 Granville Street, Suite 808, Vancouver, BC V7Y 1G5
Toll Free: 866.688.5750
Source: Maple Leaf 2012 Energy Income Limited Partnership
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