Exploration & Production | Drilling / Well Results | Key Wells | Production Rates | Forecast - Production | Capital Markets | Capital Expenditure | Drilling Program
Artek Exploration Drilling Two Wells in H1 2015
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Artek Exploration Ltd. has provide the following update.
As a result of its operational success in late 2014 including record production rates from Artek's fourth quarter Montney and Doig horizontals in its Inga/Fireweed area of operations and some of the highest IP60 rates for liquids seen in British Columbia this year, the Company is in a position to be conservative in its capital expenditure program through the first half of 2015.
Over the first 60 days of production, the Doig well at 5-28-87-23W6M (60% working interest) produced at a gross average rate of 1,689 boe/d (68% liquids) and the Doig well at 5-27-87-23W6M (60% working interest) produced at a gross average rate of 1,167 boe/d (71% liquids).
Over the first 54 days of production, the Montney well at A-6-A/94-A-13 (50% working…
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