Exploration & Production
Donnycreek Drilling Second Montney Well at Kakwa
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Donnycreek Energy, reports that drilling commenced today on the Hz 14-30 -63-5 W6M well, the Company's second well on its Deep Basin lands at Kakwa, Alberta where the Company has a 50% working interest in 16 contiguous sections of Montney P&NG rights. The well is targeting the Montney Formation and is located approximately two miles from the Company's initial Montney well, which tested at greater than 2,500 BOE/d as more particularly described in the May 24, 2012 press release of the Company.
The new well is programmed for a total drilled length of 4,684 metres, including a horizontal leg of 1,200 metres. Donnycreek has a 50% working interest in the well. It is anticipated that the well will reach total depth by October 2012, with well completion (stimulation and testing) to be completed…
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