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Canadian Player Touts Big Duvernay Well; Flows 1,200 BOE/d

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Canadian Player Touts Big Duvernay Well; Flows 1,200 BOE/d

Yoho Resources Inc. has reported an update of Duvernay drilling and completion operations at Kaybob, Alberta.

Kaybob, Alberta

Yoho operated the drilling and completion of one well, and participated in the drilling and completion of a second well in the Company's Duvernay program at Kaybob, Alberta.

The first well located at 16-04-62-21 W5 (50% working interest) was drilled to a measured depth of 4,740 meters. The horizontal lateral is approximately 1,300 meters in length within the Duvernay shale formation. The well was drilled and cased at a cost of approximately $5.0 million. The well was subsequently fracture stimulated, the pumpdown bridge plugs were drilled out with a coiled tubing unit, production tubing was snubbed in and a flow test was conducted. The total gross estimated cost of…

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