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Contact Maintains Montney Momentum; Hits TD, Plans Spud

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Contact Maintains Montney Momentum; Hits TD, Plans Spud

Contact Exploration Inc. has reported that the fourth Contact-operated Kakwa Montney well, at 5-23-63-6 W6M has been successfully drilled horizontally to a total measured depth of 5017 meters.

The 5-23 Well included a planned vertical stratigraphic penetration, whereby a full suite of logs throughout the Montney Formation was acquired and full diameter core data through the Upper and Middle Montney intervals was retrieved, allowing Contact to further calibrate the 5-23 Well and the other wells in the area. The drilling of the 5-23 Well was accomplished on time and on budget. Completion of the 5-23 Well, to include multi-stage fracing and flow testing, is anticipated to be concluded by late October 2013.

Contact and Donnycreek Energy Inc. both hold working interests in the 5-23 well, 25%…

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