RE:RE:Condensate Prices Contribute to escalating revenuesWho's not looking forward to the results from this well latter this year??
The Company commenced the first phase of its 2018 development drilling north of the Wapiti River on August 15, 2018 with the spudding of its 102/2-27-71-07W6 Upper Montney well. The 102/2-27-71-07W6 was Blackbird's first extended reach horizontal and included a record lateral length of 2,956 meters and drilled in 22.9 days. The well was drilled with an increased hole size to accommodate larger production casing, which management expects will provide for increased liquids rates. The Company expects to commence completion operations on this well in the fall of 2018, with the program expected to include approximately 77 stages across the 2,956 meter lateral to be completed at an intensity of approximately 75 tonnes per stage.