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Donnycreek Ups Focus on Montney; Details Wells
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Donnycreek Energy Inc. reports that it will be participating in the drilling of a new non-operated Montney well, immediately adjacent to Donnycreek's original 16.75 section 50% working interest Kakwa land block.
The operator of the well has advised that spud is expected mid-February 2013. Donnycreek will participate as to a 23.75% working interest (subject to a 5% GORR) and after drilling this new exploratory well, Donnycreek will earn a similar working interest in 2.25 sections of Montney rights, all contiguous with Donnycreek's existing 50% Kakwa acreage. Once earned, Donnycreek will hold 235.5 gross (160 net) sections of Montney acreage in the greater Kakwa Wapiti area.
Kakwa Montney 13 - 17 - 63 - 5 W6MThe first Donnycreek horizontal Kakwa Montney well at 13 - 17 - 63 - 5 W6M (the 13…
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