Exploration & Production | Drilling / Well Results | Discoveries | Top Story
Manitok Hits Unrecognized Oily Cardium Trend; Details IP Results
Print
|
Manitok Energy Inc. has reported an update on its 2013 drilling program.
StolbergThe 16th Stolberg Cardium oil well, where Manitok has a working interest of 33.3%, was completed and production testing operations are well underway. It is the fourth horizontal Cardium oil well of a four well pad on section 21 in the Stolberg area.
Manitok believes that this latest horizontal Cardium oil well has intersected a previously unrecognized oil charged Cardium reservoir trend in the Stolberg Complex. During the last 35 hours of testing (up to noon (Calgary time) on July 29, 2013), the unstimulated well free-flowed to surface at an average of rate of 722 bbls/d (241 net) of 37º API oil and 67 boe/d (22 net) of associated gas. This brings the combined tested production rate on the 4 well pad to…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…