Exploration & Production | Drilling & Completions | Deals - Acquisition, Mergers, Divestitures
Donnycreek Gains Montney Assets; Preps for Flow Test
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Donnycreek Energy Inc. reports that all contracts are now in place to begin flowing in early December 2012 natural gas and condensate from the Company's Kakwa 13-17-63-5 W6M horizontal Montney discovery well (the 13-17 Well). Donnycreek has a 25% working interest plus 10% GORR on 75% working interest before payout; 50% working interest after payout in the 13-17 Well.
The Company's second horizontal Montney well; Kakwa 14 - 30 - 63 - 5 W6M (DCK: 50% working interest) was successfully completed in early November 2012 and construction of well site facilities and pipeline to tie into the Company's previously built mainline has commenced and is on schedule to be completed early in the new year.
The Company has a 50% working interest in 16.75 gross (8.375 net) sections at Kakwa, Alberta.
Donnyc…
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