It took 7 days to do to the frac and test in Oct. during perfect weather. This frac is twice as long and in brutal weather. The wind chill in Alberta has been near - 40 in Calgary last week. It's easy to see how the big boys can start panic selling.
October 19, 2011 -- Thomas Yingling, President of Pennant Energy Inc. (TSX.V-PEN) is pleased to announce, pursuant to our September 28 press release it has been informed by the operator, Donnybrook Energy Inc. (Donnybrook) of Calgary, that the Bigstone, Montney Formation horizontal well, Donnybrook HZ Bigstone 14-29-60-22W5, has been successfully completed and flow tested. On October 12th, a 240 ton, 12 stage continuous fracture treatment along the 1254 meter lateral leg of the well (horizontal portion) was carried out over a 6 hour period. Immediately after, the well was flowed for cleanup and subsequently flow tested for approximately 4 days
Vancouver, B.C., Jan. 10, 2012
the completion string has been installed in preparation for fracing operations, scheduled for January 15,
The completion string is configured to conduct a continuous, multi stage fracture stimulation consisting of up to 24 stages over the length The completion operations including the frac procedure, production test and preparing the well in readiness for tie-in to sales are estimated to be accomplished by early to mid February, 2012. of the horizontal lateral.