CALGARY, March 31 /CNW/ - Kallisto Energy Corp. (TSXV: KEC) ("Kallisto" or the "Company") is pleased to announce its has filed its 2010 Audited Consolidated Financial Statements for the twelve month period ended December 31, 2010, the accompanying Management's Discussion and Analysis and its Reserves Data statement and reports (NI 51-101F1, 51-101F2 and 51-101F3) on SEDAR.
These documents are available for viewing under Kallisto's profile and SEDAR at www.sedar.com.
The Company also announces that its operated Viking horizontal oil well, located at 15-7-028-01 W5, has been completed with 15 multi-stage fracture stimulations. The well is currently flowing under controlled conditions to recover the propane used in the completion. The well has been tied in to allow for propane conservation, which is expected to generate savings of up to $300,000. Kallisto will announce production rates once the load fluids are recovered and rates have stabilized.
Kallisto is a Calgary-based junior resource company engaged in the exploration, development and production of oil and natural gas primarily in Alberta.