Heavy Oil Wells Drilling Allocated Token Pool Smart Contract

Description

$75 Million ENRC Investment in Alberta Heavy Oil

EnergyChain Announces $75 Million Investment in Alberta Heavy Oil

Driving Innovation. Expanding Potential. Fueling Alberta’s Growth. EnergyChain is thrilled to unveil a groundbreaking $75 million investment into Alberta’s heavy oil sector. This initiative is aimed at leveraging the province’s vast heavy oil reserves to create an innovative, efficient, and sustainable energy framework. Focused on developing advanced heavy oil projects, this investment targets formations such as the Clearwater and Lloydminster heavy oil sands, renowned for their exceptional resource potential. The funds will facilitate the development of state-of-the-art technologies and practices across several 10-well pad sites, emphasizing sustainability, transparency, and enhanced production methods. By integrating blockchain-powered smart contracts and tokenized asset management, EnergyChain is creating a transparent and efficient ecosystem that will redefine heavy oil operations. This includes automated contract execution, real-time data monitoring, and a streamlined approach to project management.

Alberta’s Heavy Oil Potential

Heavy oil plays a pivotal role in Alberta's energy landscape, with formations like Clearwater and Lloydminster offering substantial resources:

1. Clearwater Formation
   • Initial Production (IP) Rates: 772 barrels per day (bbl/d) per well (average 30-day rates).
   • Decline Management: Advanced techniques mitigate production decline and optimize recovery.
2. Lloydminster Formation
   • Proven Resources: One of Alberta’s most accessible heavy oil zones.
   • Innovative Methods: Integration of enhanced oil recovery (EOR) techniques, including steam-assisted gravity drainage (SAGD).

Investment Breakdown

This $75 million commitment includes comprehensive funding for the lifecycle of heavy oil projects:

1. Drilling Costs
   • Cost per well: $1.8–$2.8 million
   • 10 wells total: $18–$28 million
2. Completion Costs
   • Hydraulic fracturing, casing, and perforation: $1.5–$3 million per well
   • 10 wells total: $15–$30 million
3. Pad Construction
   • Site preparation and infrastructure: $500,000–$1.3 million
4. Midstream Infrastructure
   • Pipelines and processing facilities: $700,000–$2.5 million
5. Operating Costs (Year 1)
   • Heavy oil-specific costs: $5–$12/boe
   • Annual production costs: $18–$44 million

Total Estimate

Category	Low Estimate	High Estimate
Drilling	$18 million	$28 million
Completion	$15 million	$30 million
Pad Construction	$500,000	$1.3 million
Midstream Infrastructure	$700,000	$2.5 million
Operating Costs	$18 million	$44 million
Total	$52.2 million	$105.8 million

This investment reinforces EnergyChain’s vision to expand Alberta’s heavy oil potential while promoting innovation, sustainability, and economic growth. It also underlines the vital role of ENRC tokens, as the blockchain framework provides a secure and efficient method of funding, tracking, and managing resources throughout the project lifecycle.     EnergyChain Funding Smart Contract Unlock a revolutionary way to fund projects with EnergyChain Funding Smart Contract. Utilizing Allocated Token Pools (ATP), this system ensures buyers receive the full token value while all fees, including gas costs, are absorbed by the seller. Built-in reflection mechanisms distribute rewards directly to wallets, creating a sustainable and incentivized ecosystem for blockchain-based energy solutions. The purpose and use of funds: EnergyChain.ca organizes and directs capital to energy projects to plan, design, develop, produce energy through the complete project lifecycle. EnergtChain.ca reserves the right to apply Token Pool proceeds as it see fit to achieve its purpose. Key Features:

• Allocated Token Pools (ATP): Fixed token pools with transparent allocation.
• Smart Contract Fess funds administration, IT, Cost of sale, Marketing and Advertising.
• Reflection Fees: 10% for purchasers and 90% to EnergyChain operational wallet.
• Comprehensive Funding Model: Designed with total token allocation exceeding the pool size to account for all fees.
• Buyer-Friendly: Zero hidden costs; buyers receive the exact token amount purchased. Purchase Agreement Terms:
• Smart Contract Purchase Fee: Buyers purchase the smart contract for 1% of the total tokens available for sale in the ATP.
• Fees Distribution: Purchaser Reflection Fee: 10% of each transaction is allocated to the purchaser's wallet.
• EnergyChain Fee: 30% of each transaction supports platform operations and growth.
• Gas Fees: All gas fees are absorbed by the seller, ensuring a seamless buyer experience.
• Tokens with the ATP are offered for sale until sold.
• All sales Final No Refunds.
• Token Allocation: The ATP includes a primary pool of tokens ($75 Million ENRC) for buyers and a separate allocation (30 Million  ENRC) for reflection fees, resulting in a total token contract size of 105 Million  ENRC. This smart contract offers a secure, transparent, and efficient way to launch blockchain projects while ensuring fairness for buyers and sustainability for the platform. It is the perfect tool to drive decentralized energy innovations forward. Note: By purchasing the smart contract, you agree to the terms outlined above, including fee allocations and token distributions. For more details, visit EnergyChain.ca.

Funding Smart Contracts on EnergyChain.ca

EnergyChain.ca introduces a revolutionary approach to funding projects through blockchain technology. Our system leverages Allocated Token Pools (ATP) combined with a reflection-based fee structure, ensuring seamless transactions and sustainable revenue streams for all participants. Here’s how it works:

Allocated Token Pools (ATP)

Allocated Token Pools are the core of the funding mechanism. Each ATP represents a specific token pool set up for funding a project. Here are the key details:

• Pool Size: Each ATP is allocated a fixed number of tokens .
• Purchaser-Friendly: Buyers receive the full token amount they purchase from the ATP without incurring additional fees or gas costs.
• Transparency: All fees and costs are absorbed by the seller, ensuring a fair and straightforward purchasing process.

Reflection-Based Fee Structure

Our system incorporates a unique reflection model, redistributing fees in real-time to enhance liquidity and incentivize participation:

1. Smart Contract Purchaser Fee:
   • A 10% fee is built into the smart contract, directed as reflections to the purchaser’s wallet.
2. EnergyChain Fee:
   • A 30% fee is allocated to EnergyChain’s operational wallet, ensuring the platform’s sustainability and growth.
3. Gas Fees:
   • Sellers absorb all gas fees, ensuring buyers incur no additional costs during transactions.

Comprehensive Funding Model

To ensure the ecosystem operates efficiently, the total token allocation exceeds the pool size, accounting for reflection fees:

• Pool Tokens: 75,000,000 ENRC (available for buyers).
• Reflection Fees: 30,000,000 ENRC (40% of total contract size, split between purchaser and EnergyChain).
• Total Contract Tokens: 1,400,000 ENRC.

Buyers receive tokens directly from the pool, while fees are deducted transparently on the seller’s side.

Why Choose EnergyChain’s ATP System?

1. Fair for Buyers:
   • Buyers receive the full token amount they purchase, with no hidden costs or deductions.
2. Incentivized Sellers:
   • Sellers benefit from robust tokenomics that support project sustainability.
3. Transparent and Sustainable:
   • Reflection fees ensure liquidity and platform longevity.
4. Seamless Transactions:
   • Gas fees and operational costs are pre-absorbed, creating a frictionless experience for participants.

Get Started

Joining the EnergyChain funding revolution is simple:

1. Set Up a Smart Contract:
   • Purchase a smart contract for 1% of the total tokens to be sold in the ATP.
2. Enable Reflections:
   • The contract automatically allocates 10% reflection fees to the purchaser and 30% to EnergyChain.
3. Launch Your ATP:
   • Your token pool is now live, ready for buyers to participate.

Empowering a Decentralized Energy Future

EnergyChain.ca is redefining how funding is managed on the blockchain, combining innovative technology with sustainable economics. By leveraging our ATP system and reflection fees, you can fund projects efficiently while benefiting all participants. Ready to power your project? Explore our funding tools and join the future of decentralized energy solutions today.

Refined Funding Model

Key Features:

1. Allocated Token Pools (ATP):
   • The total pool is  ENRC tokens, but the total contract value is 140% ENRC, accounting for reflection fees.
   • Purchasers get the full token amount from the ATP, while fees are deducted from the seller’s side.
2. Reflection Fees:
   • Smart Contract Purchaser Fee: 10% of the transaction value.
   • EnergyChain Fee: 30% of the transaction value.
   • Gas Fees: Included and absorbed by the seller.
3. Seller Responsibility:
   • Fees (40% total) and gas costs are handled by the seller.
   • Purchasers incur no additional costs and receive full tokens from the ATP.
4. Transparent Reflection Accounting:
   • Reflection fees (10% + 30%) are redistributed automatically to relevant parties (e.g., ATP owners, EnergyChain wallet).

Benefits of This Model

1. Simplified Buyer Experience:
   • Buyers receive the full token amount without worrying about fees or gas costs.
2. Seller-Centric Fee Model:
   • Sellers handle all associated costs, ensuring equitable token distribution.
3. Incentivized Reflection:
   • ATP owners benefit from consistent token reflections, enhancing engagement.
4. Sustainable Platform Revenue:
   • EnergyChain receives a 30% fee, supporting operational and developmental needs.