Exploration & Production | Drilling / Well Results | Top Story
DeeThree Sees 'Significant Rates' at Belly River Project
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DeeThree Exploration Ltd. has reported the following information on its reserves effective as at December 31, 2012, as evaluated by the Company's independent reserve engineering firm, Sproule Associates Limited.
Additionally, the company has reported an update on its Alberta Bakken operations.
Operations UpdateThe Company anticipates that its exit production for the first quarter of 2013 will be 6,800 boe per day. Three more wells are expected to be placed onto production by mid-April 2013.
The Company has drilled five Belly River horizontal wells in its Brazeau property year to date and is currently completing drilling operations on two (2.0 net) additional Belly River horizontal wells in its Brazeau property and one Bakken (1.0 net) horizontal well in its Ferguson property. An update…
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