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Novus Energy Inc NOVUF



GREY:NOVUF - Post by User

Post by inneleon Jul 27, 2011 11:14am
456 Views
Post# 18878207

great lookin co. "very nice properties"

great lookin co. "very nice properties"i waz just diggin on the viking stuff from another co. an seen a few novus wells not to far to the east,an south east, yet for novus these wells are the furthest to the west of there land!! yet some interestin comments on this latest find from novus just to the east of these newly licensed wells!

from NVS news July 20,2011: Novus remains excited about its Flaxcombe subarea in the Dodsland region. The company has determined that these previously undrilled lands are characterized by two distinct cycles in the Viking formation. In 2011, the company has now drilled two horizontal wells targeting the lower cycle and one horizontal well targeting the upper formation. Virgin pressures realized on these wells were in excess of 7,500 kilopascals which are amongst the highest pressures the company has recorded in any of its Viking wells drilled thus far. These three wells have now all been producing for in excess of 30 days and have demonstrated estimated field level average production rates per well of 74 barrels per day for the last 30-day period

pic of this area!

https://i195.photobucket.com/albums/z203/innele/nvs14-30-27.gif

will have to dig more into this co. but sure looks well run an production #'s!

insider buyin nice 2!

JM2C

CHEERS
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