GREY:CHTYF - Post by User
Comment by
PHAZE204on May 22, 2015 2:40pm
205 Views
Post# 23755406
RE:RE:Almost 6 cents per share c.flow 1st quarter
RE:RE:Almost 6 cents per share c.flow 1st quarterThe Company drilled a successful northern extension well to the Banff oil resource fairway at 14-15-32-17 W4M which has recorded an IP60 rate of more than 300 boe/d (82% oil and NGLs). Both the 14-15 and 9-16 wells are substantially outperforming Marquee's current type curve for the area which is based on an IP60 rate of 175 boe/d. Production rates in the area continue to improve for Marquee as drilling, completion and production techniques are further refined.Well performance just keeps getting better and better.