GREY:CEQXF - Post by User
Post by
value1on Sep 10, 2012 5:44pm
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Post# 20344220
CEQUENCE ENERGY ANNOUNCES FALHER DISCOVERY AT SIMO
CEQUENCE ENERGY ANNOUNCES FALHER DISCOVERY AT SIMO CEQUENCE ENERGY ANNOUNCES FALHER DISCOVERY AT SIMONETTE/RESTHAVEN
The well flowed on clean-up for 119 hours at a final rate of 14 MMcf/d with 12.7 MPa (1,850 psi) flowing pressure through a 15.9 millimeter choke
Cequence management believes that this successful test validates a 20 section geological prospect previously defined by well control and confirmed by 3D seismic on Cequence lands. Based on publicly available data, the analog pool at Musreau/Kakwa (20 miles to the northwest) is currently estimated to be producing over 60 MMcf/d from 21 horizontal wells drilled on a typical spacing of 2 wells per section. Cequence believes that the Simonette/Resthaven pool is likely similar to the Musreau/Kakwa pool in terms of reservoir quality, thickness and pressure and may provide a model for expected results once more production history is available.
Tourmaline or Paramount have to be eyeing them...............