Doug Ashbury
Northern News Services

Yellowknife (Aug 28/00) - An oil and gas property in the NWT's Cameron Hills area could be in production as early as next spring.

Paramount Resources Ltd. has applied for approval to build oil and gas wells and pipelines connecting its resources south of Enterprise with its Bistcho gas processing plant in the northwest corner of Alberta.

The company plans to apply to the National Energy Board by Sept. 1 to build and operate the project. Target date for the project to become operational is April 2001.

Sue Rose, a spokesperson for Paramount, could not be reached for comment Thursday.

The company plans to apply to build and operate:

• 16 kilometres of oil flow lines
• 41 kilometres of raw gas gathering pipelines
• 12 kilometres of water injection pipeline
• Seven gas wells
• 12 oil wells
• One water injection well
• A central battery just north of the NWT-Alberta border
• 67 kilometres of 32 centimetre pipeline from the battery to the Bistcho plant
• 67 kilometres of nine centimetre fuel gas pipeline to Bistcho

If successful, Cameron Hills will be Paramount's second operating oil and gas operation in the NWT in a year. It is believed the company will be drilling some exploration wells in the Cameron Hills this winter.

In April of this year, the company, with partner Berkley Petroleum, completed its F-36 natural gas well project near Fort Liard.

Gas began flowing from F-36 south to Maxhamish, B.C. April 22. F-36's resource is estimated at 72 billion cubic feet of natural gas.