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Manitok IPs Cardium Well; Begins Drilling Two Follow-Ups

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Manitok IPs Cardium Well; Begins Drilling Two Follow-Ups

Manitok Energy Inc. reported a drilling and operational update at Entice and Cordel-Stolberg.

Cordel-Stolberg

Manitok has completed drilling the Cardium forelimb well, 7-12-42-15W5 (40.8% working interest), in the southern portion of the Cordel-Stolberg field. The well was swabbed over a 41 hour period which resulted in rates of 297 bbls/d (121 bbls/d net) and 333 mcf/d (136 mcf/d net) totaling 352 boe/d (144 boe/d net).

Currently, Manitok is drilling two Cardium oil wells at 13-21-42-15W5 at a 33% working interest and 5-14-42-15W5 at a 30% working interest, which will further delineate the forelimb in these sections.

Well tie-in and facility work are moving forward as expected and the behind pipe production at Stolberg is anticipated to be on stream in the fourth quarter of 2014. The…

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