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Pennant Energy Inc PENFF



GREY:PENFF - Post by User

Post by statesideon Jan 26, 2012 6:53pm
169 Views
Post# 19454857

If this well misses...it will be the first of 16

If this well misses...it will be the first of 16

Not something to hang your hat on.

stateside

 

To date, 11 of the 15 Montney horizontal wells currently drilled in the Bigstone/Fir area are extended reach with laterals ranging in length from 2,200 to 2,800 metres, while the remaining four wells have laterals of 1,200 to 1,300 metres. Each of these shorter laterals were drilled by local operators, to assess the development potential of the Montney formation, liquids-rich natural gas resource in this area by employing current, state-of-the-art horizontal drilling and fracture stimulation techniques prior to moving to the extended reach longer laterals for development purposes.

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