Debt | Production Rates | Capital Markets | Drilling Program
Leucrotta Exploration Drilling 3 Montney Wells in 2015
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Leucrotta Exploration Inc. has announced that it has commenced its Montney drilling program.
Leucrotta expects to have 3 Montney horizontal wells drilled and tested prior to year-end. Leucrotta is targeting high deliverability liquids-rich gas in the Lower Montney Turbidite horizon.
As part of its capital program, Leucrotta will tie-in 3 previously drilled Montney wells prior to the end of Q1 2016.
The Mica 13-07 Lower Montney oil well will be placed on production in early October at a restricted rate of approximately 300 boepd (50% light oil). This well had previously tested at 450 boepd (>50% light oil) over a 30-day test period.
The A4-19 Upper Montney well is estimated to be on production by February 1, 2016 at a rate of approximately 500 boepd (90% gas).
The 8-18 Lower Montney…
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