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Bullboard - Stock Discussion Forum Tuscany Energy Ltd TSCAF

Energy Oil & Gas Drilling Oil & Gas E&P
Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.

GREY:TSCAF - Post Discussion

Tuscany Energy Ltd > Sparky....
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Post by Squix on Jul 07, 2014 9:39am

Sparky....

Surge notes these wells are about their best on a cost/boepd basis. Still producing over 85 boepd after 6 months with a DC cost of $1.6M. Tuscany should drill one with financing proceeds.
Comment by qwqw on Jul 07, 2014 3:26pm
The last two Evesham wells were also terrific producers and drilling costs were lower at $1 mil. "Following the Diaz acquisition Tuscany drilled 2 wells at Evesham. The wells commenced production in Q3 2013. By the end of April, 2014 they had each produced more than 24,000 Bbls and were still producing at a rate of 106 Bopd and 71 Bopd. Management expects the Evesham Dina oil pool ...more  
Tuscany Energy Ltd
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