Exploration & Production | Operational Updates
Legacy Drills 46 Wells at Bakken, Spearfish, Turney Valley Prospects
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Legacy Oil + Gas Inc. has reported an operational update for its activities in the Williston Basin and most recent Turner Valley drilling success.
In the third quarter of 2012, the Company drilled 46 (36.2 net) wells all targeting light oil, with a 100 percent success rate. This total included 18 (14.6 net) horizontal wells in its Spearfish play at Pierson, Manitoba and Bottineau County, North Dakota. The Company continues to be on track to meet its full year production guidance.
Spearfish PlayAt Pierson, Manitoba, the Company continues to deliver excellent production results in the Spearfish compared to both the previous operator’s drilling and the type curve used in the 2011 year-end independent engineering report. Legacy has achieved these rates while constraining production to…
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