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Tuktu Resources Ltd JAMGF


Primary Symbol: V.TUK

Tuktu Resources Ltd. is a Canada-based junior oil and gas development company. The Company is engaged in producing oil and gas properties in southern Alberta. The Company’s assets are located in southern Alberta consist of 29,685 gross hectares in southern Alberta near the Foothills County. The assets have a base production of approximately 165 barrels per day (bpd).


TSXV:TUK - Post by User

Post by Treetop78on Sep 07, 2024 11:59pm
296 Views
Post# 36213543

Results

ResultsI assume management will press release results once the well has been on for a bit?  Rates, pressures, etc.  if a vertical well does 100 bbld light oil, what would a horizontal well do?  500bbld?  If the well tests at 300 bbld oil, what would a horizontal do?  1,000 bbld?  Then it comes down to size of the pool.  A couple sections or dozens of sections.  Even a couple sections would be a massive win for this company. 
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