Exploration & Production | Operational Updates | Drilling & Completions | Top Story
Madalena Preps to Drill, Frac 4-5 Paddle River Wells
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Madalena Ventures Inc. has reported an operational update on its Greater Paddle River core area onshore Canada.
With the focus on production growth from its three key resource plays in the Greater Paddle River area, Madalena continues to make progress on its plan to drill, multi-stage frac and tie-in four to five net horizontal wells prior to spring break-up.
At Paddle River, the Company has recently completed drilling two 100% W.I. horizontal Ostracod oil wells. Multi-port liners have been run in each and fracing operations are scheduled to commence in early March with plans to multi-stage frac these two Ostracod horizontals back to back. Madalena expects both wells to be on-stream prior to spring break-up. With a focus on oil and liquids-rich horizontal development, the Company will…
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