Exploration & Production | Drilling / Well Results
Manitok's HZ Cardium Well Flows 508 Bbls/d Oil
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Manitok Energy Inc. has reported an update on its continuous drilling operation at Stolberg.
Manitok has completed the production testing of its ninth Cardium well of the 2012 drilling program. The horizontal well offsets both the first and eighth wells from the same drilling pad. Manitok increased its ownership in the ninth well by farming-in to a partner's interest. In total, Manitok will pay 81.5% of the drilling and completions costs of the ninth well to increase its working interest from 68% to 76%.
Similar to the previous horizontal wells on the Stolberg trend, the ninth well was not fracture stimulated. The ninth Cardium well tested at an average rate of 508 bbls/d (386 net) of 48° API oil with no measurable associated natural gas over a continuous 41 hour period. The well…
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