Exploration & Production
Manitok Energy Cardium Test Well Produces 525 bbls/d
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Manitok Energy Inc., is pleased to provide below an update on drilling and operations.
Manitok has completed the production testing of its latest drill in the Stolberg area of Alberta. The horizontal well was the eighth well of the 2012 drilling program. This well offset the original vertical oil discovery well which was the first Cardium oil well drilled in the 2012 program. The Cardium reservoir was intersected three times in Manitok's latest horizontal well bore. The lower intersection tested at an average rate of 460 bbls/d (375 net) of light oil over 21 hours. The middle Cardium intersection tested at an average rate of 525 bbls/d (428 net) of light oil over 91 hours. Both intervals showed no appreciable decline and free flowed 49° API oil to the surface over their respective test…
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