Exploration & Production
Artek Exploration Ltd. Provides Drilling Results Update at Inga
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Artek Exploration is pleased to provide the following operational update. The Company has successfully drilled and completed its fourth of a seven horizontal well program (60% working interest) planned for 2012 at 13-33-87-23W6 at the South end of its Doig natural gas and condensate pool in the Inga area of British Columbia.
Preliminary results after a 103 hour test that was conducted in-line, the horizontal well was still cleaning up and flowing at a restricted average rate of 6.7 mmcf/d of natural gas (26% load C3) and 1,503 bbls/d of condensate or a total of 2,623 boe/d (2,335 boe/d net of load) over the last 6 hours at a flowing pressure of 1,118 PSI. The well was drilled to a lateral distance of approximately 1,500 meters and was completed with a 14 stage propane fracture program…
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