Exploration & Production | Drilling / Well Results
Madalena Preps to Frac Paddle River Well; Comes Up Empty at Nordegg
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Madalena Energy Inc. has reported an update on its West-Central Alberta Ostracod oil operations.
Paddle RiverIn the greater Paddle River area, Madalena drilled two additional (1.92 net) Ostracod horizontal wells in the month of December. Both wells successfully encountered their targeted oil zones and multi-port production liners were run in the horizontal lateral sections. It is currently anticipated that these two wells will be multi-stage fracture stimulated, tested and potentially placed on production in the first quarter of 2014.
Following the completions and testing of the two wells noted above and before the end of the first quarter of 2014, Madalena anticipates drilling an additional horizontal well on its Ostracod oil development project.
In 2013, the Company drilled five (4.92…
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