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Bullboard - Stock Discussion Forum Diaz Resources Ltd V.DZR

TSXV:DZR - Post Discussion

Diaz Resources Ltd > Macklin
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Post by qwqw on Oct 05, 2011 9:59am

Macklin

At Macklin, Sask., Tuscany has drilled a horizontal well into anotherDina heavy oil pool. The well was placed on production Sept. 18, 2011,at a flush production rate of 110 barrels of oil per day (60.5 bopdnet). Tuscany has a 55-per-cent working interest in the well and is theoperator. Tuscany plans to shoot additional 3-D seismic over theMacklin project to assist in finalizing a development plan for 2012.

Tuscany's partner in the Macklin project, Diaz Resources Ltd., holds the remaining 45-per-cent working interest.

Comment by qwqw on Nov 11, 2011 9:39pm
TUSCANY COMMENCES EVESHAM AND MACKLIN, SASKATCHEWAN, DEVELOPMENT PROGRAMTuscanyEnergy Ltd. has commenced a development drilling program to drill up tofive horizontal Dina heavy-oil wells in the Evesham and Macklin areas. The first well located in the Evesham Dina pool has reached total depthand encountered 500 metres of oil-saturated porous sand. Tuscany has a60-per-cent interest in this well and ...more  
Comment by qwqw on Nov 11, 2011 9:43pm
TUSCANY COMMENCES EVESHAM AND MACKLIN, SASKATCHEWAN, DEVELOPMENT PROGRAMTuscany EnergyLtd. has commenced a development drilling program to drill up to fivehorizontal Dina heavy-oil wells in the Evesham and Macklin areas. Thefirst well located in the Evesham Dina pool has reached total depth andencountered 500 metres of oil-saturated porous sand. Tuscany hasa 60-per-cent interest in this well and ...more  
Comment by bluespruce on Nov 13, 2011 10:10pm
anybody owning dzr will eventually be holding Tuscanny shares.
Comment by qwqw on Dec 07, 2011 8:21pm
DIAZ ANNOUNCES DRILLING SUCCESS AT MACKLIN, SASKATCHEWANDiazResources Ltd. has participated in drilling two additional Dinahorizontal heavy oil wells at Macklin, Sask. The two wells were placedon production in December and each is currently producing at a flushproduction rate of 120 barrels of oil per day (bopd) (54 bopd net perwell). These two wells are 50-metre offset wells to a Dina oil well ...more  
Comment by qwqw on Dec 08, 2011 1:18am
The first  Macklin well has produced 7000 bbls in under 3 months.Thanks to very low royalties on new wells in Saskatchewan (2% on first 37,000 boes of production)  that well has generated enough cash flow to cover  half  of  the drilling costs. That's some of the best payback  in the industry.Finally Diaz  is starting to show some promise.keep up the good ...more  
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