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Bullboard - Stock Discussion Forum NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."

TSX:NBZ - Post Discussion

NORTHERN BLIZZARD RESOURCES INC > Drilling was more than I expected. Overall not Bad.
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Post by TonyDj on Nov 14, 2016 4:45pm

Drilling was more than I expected. Overall not Bad.

This paragraph says it all. I am pleasantly surprised that they were able to drill that many wells in such a short period of time. Operational Excellence - Good news for future production. Northern Blizzard drilled 44 (37.5 net) wells during the third quarter of 2016 and 46 (39.0 net) wells during the first nine months of the year. Of the 46 wells, 32 were brought on stream in the third quarter of 2016 and five were brought on stream in the fourth quarter. Six more wells are expected to be completed in the fourth quarter. Northern Blizzard drilled 17 (17.0 net) wells at Cactus Lake, 15 (12.2 net) wells at Winter and 14 (9.8 net) wells at Coleville. To date, the wells that have been brought on stream are producing at or above initial expectations.
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