ITHACA ENERGY INC
CARNA EXPLORATION WELL ENCOUNTERS GAS AND IS
CURRENTLY BEING COMPLETED FOR TESTING
EVENT – OPERATIONAL UPDATE
Ithaca announced that the Carna exploration wel l (42/21b-5z) encountered 127 feet of net gas pay. The well is currently being completed for testing, which is expected to begin in six days.
IMPACT – POSITIVE, BUT TESTING IS REQUIRED TO DETERMINE IF
THE WELL WILL BE ECONOMIC
IthacaEnergyCarnaWellencountersGas.pdf
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