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Artek Testing Hybrid Frac Design in Doig, Montney Wells

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Artek Testing Hybrid Frac Design in Doig, Montney Wells

Artek Exploration Ltd. has provided the following operational update.

Doig - Slickwater Hybrid Frac

Early in the first quarter at Inga, Artek executed its first slickwater hybrid frac on the horizontal Doig well located at 13-16-87-23W6M (60% W.I.). The well had an average 30 day initial production (IP30) rate of approximately 1,200 boe/d with 67% liquids, which is the highest liquids percentage of all Inga wells drilled to date. Operating netback during the first month of production was approximately $46/boe.

Artek also completed and is currently flowing back its second horizontal Doig well (60% W.I.) at Inga that had been planned for a 27-stage slickwater hybrid fracture stimulation treatment. After encountering problems on initial flow back six weeks ago, the Company has performed some…

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