We have a well-balanced portfolio of oil and gas properties, consisting of attractively priced light and medium oil with associated natural gas, as well as significant undeveloped potential associated with two shale gas plays. Our primary area of focus is in the Western Canadian Sedimentary Basin, which includes our Evi area in the Peace River Arch plus our Wheatland property located in Southern Alberta. In addition, we own significant acreage in the Utica Shale in Quebec and the Liard Basin in the Northwest Territories, which are shale gas prospects that we believe have significant future development potential.
As of March 31, 2016, we had approximately 31,550 net acres in and near the Evi field, located in the Peace River Arch area of northern Alberta. This position offers us a stable light oil production base with significant opportunity to increase our reserve base with secondary recovery techniques such as waterflood. Through December 31, 2015, we have drilled and participated in a total of 122 horizontal wells in the Evi area since we entered the area in 2006. In 2011, we implemented our waterflood pilot project and currently have 9 injection wells (eight horizontal with one vertical). During Q1 2016, we had average daily net sales volumes of approximately 1,500 Boe per day from production in the Evi area. We believe we can ultimately enhance production rates and recoveries in the Evi area through further waterflood development and infill drilling of our acreage.
As of March 31, 2016, we had approximately 79,000 net acres in and near the Wheatland area, located east of Calgary, in Southern Alberta. This position offers us a solid organic growth engine of medium grade oil and associated natural gas. Through March 31, 2016, we have drilled a total of 7 multi-stage fracture stimulated horizontal wells since we entered the area in 2015. During Q1 2016, we had average daily net sales volumes of approximately 965 Boe per day from production in the Wheatland area. We believe we can significantly increase the area production with our large inventory of identified locations.
As of March 31, 2015, we had approximately 240,320 net acres in Quebec that are prospective for the Utica Shale. Natural gas produced from this area is in close proximity to major markets in Canada and the northeastern United States, which historically has provided for premium product pricing compared to the NYMEX Henry Hub pricing. The Utica Shale is relatively shallow compared to other shale plays in North America, which we believe will provide for an economic advantage relative to the drilling costs associated with developing the resource.
As of March 31, 2015, we had approximately 52,995 net acres in the Liard Basin located in the Northwest Territories that are prospective for the Muskwa Shale. This is a newly developing natural gas shale play adjacent to the producing Horn River Basin. We believe that our acreage in the Liard Basin is analogous to the Muskwa Shale in the Horn River Basin. Our acreage is located in close proximity to a pipeline in the Northwest Territories providing for the sale and distribution of any natural gas produced. In the third and fourth quarters of 2011, we re-entered and recompleted a well in the Liard Basin, and in February 2012, we submitted an application to the National Energy Board for a commercial discovery declaration that granted our lease for continuation to the year 2,033.