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MGM Energy Corp MGMCF



GREY:MGMCF - Post by User

Post by glaciermanon Jul 06, 2013 7:09am
218 Views
Post# 21592223

Husky drill results - one for two

Husky drill results - one for twoIn retrospect, the market was a little harsh with MGM, even Husky is not batting a 1000.

Question: Did you get anything from your wells? Response: We cannot disclose all of the information but let’s say that if we didn’t find anything then we wouldn’t be applying to drill two more wells. We found hydrocarbons in one well but not in the other. We have to take this methodically.

 

Little Bear H-64

Work completed as planned, including:

Perforated test intervals

Conducted Injection Fall-Off Test (DFIT) to establish stress regime

Set plug

Perforated test interval. No flow established. Conducted acid squeeze, but ineffective

 

Little Bear N-09

Work completed as planned, including:

Injection Fall-Off Test (DFIT) to establish stress regime and confirm test interval

40-tonne oil hydraulic fracture stimulation (frac)

Conducted two fracs

Flow tested well and collected samples

Incinerated produced gas and natural gas liquids, collected produced liquids for disposal at approved southern facility

 

 

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