About Artisan Energy Corporation

About company

Since starting a land fund in 2009, management has carefully crafted and assembled the assets and opportunities that comprise what is now Artisan Energy Corporation. They are off to an excellent start with proving wells drilled and producing or tested at Chip Lake, Ferrybank and Tomahawk. Company production peaked in July 2013 on a flush basis at 400 boe/day with their first 4 oil wells drilled at Chip Lake and Ferrybank. Current production is more stable at approximately 110 boe/day as no new wells have been brought on since July 2013. Now with a pending horizontal at Conrad, all four of Artisan’s initial projects will be de-risked and Artisan is poised with a very attractive, low risk development oil well inventory in excess of 30 net locations. Subject to funding, at these three oil projects there is a very high degree of certainty that they can build over 2000 boe per day which is their near term strategy.