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Manitok Energy Inc MKRYF

Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Bullboard Posts
Post by ngaralaon May 26, 2014 9:07pm
420 Views
Post# 22599685

Reason for Delay

Reason for DelayThis paragraph was from the April 15th release:
"Manitok has drilled four vertical wells in the Entice area and is currently drilling the fifth well of the Entice program, which is its first horizontal well targeting the Basal Quartz (Ellerslie) formation. The completion activities on the four vertical wells have been delayed by road bans issued during break-up. The drilling lease for the horizontal well is located just off of a highway where the road bans are not prohibiting Manitok from continuing drilling operations. Manitok will issue the results of the five well Entice drilling program once all five wells have been completed and evaluated." ng
Bullboard Posts