Company

Eden Energy Corp.
Incorporated: Nevada 1999
Listed: USA, OTC.BB: EDNE


Eden Energy's primary focus is a development drilling project in the White River Dome field in the Piceance Basin, Colorado. The Company also has exploration projects in Nevada, USA and Alberta, Canada. 

Highlights:

• The Company's early projects focussed on exploration in the Diamond mountain range in Nevada. Eden Energy developed the Noah prospect and successfully farmed it out to a large, independent Texas company. The Noah #1 well was drilled in early 2008 and has been plugged and abandoned. In July 2008 Eden Energy announced that it was not pursuing further drilling in Nevada and would not be renewing leases.

• In September 2006 Eden Energy announced its entry into the White River Dome project in the Piceance Basin in Colorado. Under a development drilling contract Eden will drill wells outside the current Participating Areas of the 20,000 acre Ant Hill federal unit, on the eastern flank of the White River Dome field.

• In May 2008 Eden Energy provided results for its first 4 wells in the White River Dome project. The report assigned net proven reserves of 5.5 Bcfe and a PV10 value of $14.2MM. The Company also announced plans to drill an additional 4 wells in the White River Dome field in 2008.

• In February 2010 Eden Energy reported that it had settled all outstanding invoices relating to its drilling, completion and tie-in of its wells in the White River Dome project. The Company reported 6 wells on production with a further one well pending. Gross gas rates at the end of January 2009 were 1.2MMCFD.