Aeraden Enery Group (www.aeraden.com) has purchased producing Viking Light Oil lands located in Provost, Alberta from a public company, Magnum Energy. The area is part of the Viking Trend that stretches from Southwest Saskatchewan to Northwest Alberta, where the successful application of horizontal multi-frac technology has enhanced the recovery of existing reserves. Aeraden also took over the Magnum’s ownership in Mcleod, Countess, Vauxhall and Sedalia gas facility and associated gas production.
