Exploration & Production | Drilling & Completions
Madalena Talks Canadian Paddle River Drilling
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Madalena Ventures Inc. has reported an operational update in regard to its Canadian operations.
Western Canada Operations Update - Greater Paddle River Core AreaWith the focus on production growth from its three key resource plays in the Greater Paddle River Area, Madalena continues to move forward 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 is currently drilling the 100% W.I. 8-5 Ostracod oil horizontal well. Once drilling is completed at this location and a production liner is run, the drilling rig will move to a follow-up Ostracod oil horizontal location (Madalena 100% W.I.) to continue to exploit its 54 net sections on this resource play.
In the Wildwood area, Madalena is preparing to…
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