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DeeThree Sees Oily Results at Belly River Well

DeeThree Exploration Ltd. has reported the results of a four day production test of its most recent horizontal Belly River oil well in its Brazeau property.
The Company has a 100% working interest in the well.
After fracture stimulation, the well continued to flow for four days up the 4 1/2" frac string at an average rate of 1770 bbls/d of 44° API reservoir oil and 1.6 mmscf/d of natural gas with a final rate of approximately 1,580 bbls/d of oil and 1.8 mmscf/d of natural gas (on a 1.5" choke at a wellhead pressure of 40 psi). With expected conservation of produced natural gas for sale, this final test rate equates to approximately 1920 boe/d (88% oil and liquids). Final water cuts at the end of the test period were approximately 12%.
The well was drilled to a planned total depth with a…
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