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Bullboard - Stock Discussion Forum Bowood Energy Inc V.BWD

TSXV:BWD - Post Discussion

Bowood Energy Inc > Finally, the Big One
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Post by poise on Feb 14, 2012 2:50pm

Finally, the Big One

DeeThree Exploration Ltd. says its fifth horizontal Bakken well has been drilled on the eastern portion of its Lethbridge property to a planned total depth with a horizontal lateral of approximately 970 metres in a significant porous Bakken target zone.

The horizontal lateral was successfully fracture stimulated, placing 112 tonnes of sand over 14 stages using an energized water based system.

After stimulation, the well was flowed for clean-up for four days up the 4 ½-inch frac string with final stabilizing flowing rates of approximately 550 bbls per day of 30 degrees API reservoir oil and 60 mscf per day of natural gas.

Final water cuts were approximately 10 per cent with further remaining load water from the fracture stimulation to be recovered. The well is currently shut-in to remove the frac string and install a smaller diameter production string. The well is expected to be placed onto production shortly after which it will undergo addition testing and evaluation procedures. The well will be tied-in to DeeThree’s extensive oil and gas processing infrastructure. The well is located approximately 35 kilometres from DeeThree’s original Bakken discovery well.

The company said it is very pleased with the results of its Bakken exploration and development program on the Lethbridge property to date. The company’s greatly increased understanding of the Bakken play derived from the 2011 four-well Bakken test program and its extensive 3D seismic, which has resulted in a more targeted approach to drilling on its acreage. This has resulted in DeeThree’s most significant Bakken discovery well to date.

Comment by sureshotz on Feb 14, 2012 3:18pm
A four day test? Who cares? I bet Kipp flowed way over that in the first few days. Donkeys 
Comment by Sonny7 on Feb 14, 2012 6:00pm
Once again, it would be nice to know the choke sizes on the reported wells drilled and producing, but as long as wells flow oil to surface then we seem to be on track and heading for bigger things
Comment by sureshotz on Feb 14, 2012 7:10pm
Sonny - I feel like your oilfield knowledge comes from Wikipedia. How is that working out for you?
Comment by Sonny7 on Feb 14, 2012 8:50pm
sureshots, I sense anger and jealousy from you with what I see and I don't know where all came from nor do I particularily care,.........especially today!   Do you know what is significant about today, small one? Today is the anniversary of the loss of the Ocean Ranger. 30 years ago today I was 34 years old and was a senior drilling foreman with Mobil Oil on the Grand Banks, right next to ...more  
Comment by sureshotz on Feb 14, 2012 9:05pm
Well,  great story. Thanks for that. Funny, I have been around the WCSB for some time and I know you can't make chicken salad from chicken s#}{t. Your lack of knowledge is painfully obvious
Comment by Sonny7 on Feb 14, 2012 9:11pm
???..........Is WCSB a cooking school?
Comment by Stargetter2 on Feb 14, 2012 9:16pm
We all great respect for chief of tribe.    Sureshot you show little respect for great wise man, Sonny.   You are full of pride, too much pride no good.   ***Stargetter**  
Comment by sureshotz on Feb 14, 2012 10:40pm
My point exactly. Happy trading
Comment by Sonny7 on Feb 16, 2012 2:07pm
The news shown by Dee Three as posted by Poise is fairly informative in comparison to other news released from the area and a lot can be logically deduced from it. Below is my interpretation, in case anyone may need a point of view for a better understanding of a piece of drilling and production of wells they may have an investment in. From the number of frac stages we see that the placement ...more  
Comment by Vanboarder on Feb 16, 2012 4:08pm
Thanks Sonny7. Great Post.   Cheers, Van
Comment by quartzsite2 on Feb 16, 2012 4:15pm
Very very informative,great to have such a knowlegable person on board,Thanks
Comment by poise on Feb 16, 2012 7:44pm
Excellent.  Thanks Sonny.
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