TSXV:DZR - Post Discussion
Post by
qwqw on Feb 06, 2012 9:26am
Macklin
Tuscany had a new release.
"Major contributors to this improved production rate were two horizontal heavy oil wells at Macklin, Saskatchewan. These two horizontal wells were placed on production in early December 2011, and continue to produce at a rate of 100 Bopd, per well.
Tuscany plans to drill up to 3 more horizontal Macklin oil wells in the first quarter of 2012. Included in this drilling program will be a key well to be drilled immediately to the north of the Macklin producing wells, testing a section of mineral rights acquired by Tuscany in late 2011. The company shot a 3D seismic program in Q4 2011 and has interpreted a geophysical extension of the productive Dina oil pool on the acquired lands.
Tuscany has a 55% working interest in the Macklin project and is the operator. The remaining 45% working interest in Macklin is held by Diaz Resources Ltd."
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