Stetson currently produces approximately 160boepd from its Canadian assets, which is comprised of approximately 120bpd of oil and 40boepd of natural gas. The company also has approximately 3,600 net acres of undeveloped land in Canada.

The company continues the reprocessing and interpretation of approximately 220 miles of existing 2-D seismic data from the Fort Berthold area of North Dakota. Stetson expects to complete this work by the end of May. The company also continues to evaluate the production characteristics of the MHA#1-11H-148-90 well, with production averaging approximately 9bopd and 99bwpd in April.

Stetson is an oil and gas company with exploration, development and production programs in Saskatchewan and Alberta, Canada and North Dakota, US.