RE: 100 drilling locations. Of the eight wells drilled, six wells are still flowing and two wells are pumping. Initial 30 day average gross production rates ranged from 20 to 80 bopd with the average at 40 bopd. The peak gross production rates from several individual wells exceeded 100 bopd during the first 30 to 45 days. The best well reached a gross peak rate of 150 bopd during a 48 hour production test. These rates do not include the solution
gas which is currently being tied-in during the last week of September which should add another 100 to 120 boepd of gross production.
Six wells still flowing and a couple big producers. Looks like they may be sitting on a nice sweet spot, Six more to come in a month, should have a better idea of the area and hopefully hit 100 bopd plus wells which is excellent numbers in this area. And a big land base in Alberta to boot.