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Altima Resources Ltd. has reported the Altima Chambers 5-35-41-11 W5M well spud this morning.
The 5-35 well is to be drilled to a depth of approximately 3,090 meters into the Nordegg formation.
The 5-35 well is the second well drilled under Altima's Participation Agreement with Whistler Oil and Gas Pty. Ltd. The 5-35 well is located approximately 1.1 kilometers south of the 15-35-41-11 W5M well, which was drilled and completed in 2013, and 4 kilometers to the north of the COPOL ET AL HZ CHAMBERS 14-15-41-11 W5M well that was drilled and completed in 2012.
The Company's mostly contiguous land base at Chambers-Ferrier totals twenty seven (27) sections (17,280 gross acres) with an approximate average working interest of 84% in 14 of the 27 sections and varying interests in ten (10) wells.
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