Questerre Energy (TSX: T.QEC, Stock Forum) Thursday announced test results from its fourth horizontal well in the Kakwa-Resthaven area of west central Alberta, this according to a company news release.
Over the last 24 hours of the production test, the well flowed 826 bbl/d of condensate and 5.83 MMcf/d of natural gas against anticipated gathering system pressure of approximately 5000 kPa (725 psi). Questerre holds a 25% working interest in the well.
The operator reported that work will begin to add liquids handling facilities on site to accommodate both the 03-19 Well and the company's second well, the 14-30 Well, that share the same surface location. Production from both these wells is expected to begin in mid-April 2013.