Operational Updates
Delphi Energy Reports Positive Results From its First Montney Well
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March 21, 2012 – Delphi Energy Corp. is pleased to provide the following operations update.Bigstone Montney Program
The second Bigstone East Montney 4-2-60-23 W5M well (0.75 net), with its surface located at 5-14-60-23 W5M, three miles (five kilometres) south west of Delphi’s first Montney well, was drilled to a total measured depth of 5,867 metres with a record horizontal length of 3,005 metres. The well was completed with a 20 stage fracturing program, similar to the first well. The well flow tested at an average restricted rate of 10.3 million cubic feet per day (“mmcf/d”) over the final 24 hours of the four day flow period at a flowing pressure of 6,000 kPa. The well was also producing approximately 515 barrels per day (“bbls/d”) or 50 bbls/mmcf of free condensate at the end of the…
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