Operational Updates | Capital Markets | Capital Expenditure
Angle Energy Inc. Provides Cardium 2012 Operational Update,
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Angle Energy Inc. (“Angle” or the “Company”) (TSX:NGL) is pleased to provide shareholders with the following activity updates and Corporate information.
HIGHLIGHTS
At Harmattan, Angle’s second 100% working interest Cardium light oil well has yielded an average first week flowing production rate of 745 boe/d, 91% light oil and 9% gas. Angle’s first 100% working interest Cardium well previously announced in December 2011 is currently producing at 349 boe/d, 94% light oil and 6% gas. This well has cumulatively produced over 23,000 bbls of light sweet crude oil after 2 months of production. Current drilling inventory in this play is approximately 120 wells. At Harmattan, Angle’s thirteenth 100% working interest horizontal Mannville gas condensate well has tested at rates exceeding 2,000…- ✓ Full news archive — U.S., Canada & international coverage
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