Exploration & Production | Drilling / Well Results | Quarterly / Earnings Reports | First Quarter (1Q) Update
DeeThree Strong Start to 2014; Touts Bakken, Belly Progress
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DeeThree Exploration Ltd. is in the final stages of finishing the most active quarter in its history with a total of 12 (11.83 net) wells drilled in its two core oil resource plays, being 9 (8.83 net) Belly River oil producers, 2 (2.0 net) Alberta Bakken oil producers and 1 (1.0 net) Alberta Bakken gas injector.
A total of 8 (7.83 net) wells have been completed year-to-date (7 oil producers and 1 gas re-injector) resulting in the Company achieving an average production record, based on field estimates, of 10,500 boe/day, to date for the month of March (80.5% oil and liquids).
Additionally 4 (4.0 net) lower risk "infill" wells 3 (3.0 net) Belly River and 1 (1.0 net) Alberta Bakken well) offsetting some of the best producers to date are planned to be completed in the coming days resulting…
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