GOLDNEV RESOURCES INC V.GNZ

Shell originally owned Turner Vall. well

[stevemeister]

"This play is verified by an existing well on one section, drilled by Shell at 13-21-020-03 W5M, that initially produced at 600 bopd. Goldnev’s first stage, re-entry of the well, was completed August 2010".

There is on-going production testing and removal of formation fluid with an expected addition of 100-150 BOD. 

The 1.5 sections will allow for at least two more pad locations.

Stage 2 is drilling of dual leg horizontal new well with expectation of each leg coming on stream at between 400-600 BOD and estimated addition of up to 3M barrels of reserves."

They now believe it may hold up to 5 million barrels of light oil. This is the first well on the site From the website.
  https://www.goldnevresources.com/turnervalley.asp