Exploration & Production | Drilling & Completions | Drilling / Well Results
Madalena Details Multiple Well Stats at Paddle River
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Madalena Ventures Inc. has updated its operations onshore Western Canada.
Western Canada Operations Update - Greater Paddle River Core Area Horizontal Resource Play #1 - Ostracod light oilOn October 15, 2012 the Company placed its most recent Ostracod horizontal oil well (Madalena 100% W.I.) on production in the Paddle River area. The IP30 rate was 307 boe/d (65% oil & ngl). The well continues to flow without the assistance of pumping equipment at rates of approximately 270 boe/d after 3 months. Madalena plans to spud a 100% working interest offsetting horizontal well within the next 2 weeks and may subsequently drill an additional 100% working interest horizontal location prior to spring break-up.
Horizontal Resource Play #2 - Stacked Mannville Channel TrendIn December 2012, the…
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