Operational Updates
Marquee Drills 8 Michichi Wells in 2013, 3-4 HZ Wells Planned in Q1 2014
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Marquee drilled a total of 8 wells at Michichi in 2013, 7 in the second half of the year. Completion and tie-in operations on the last 4 wells are currently underway.
A further update, including results of the above operations, will follow in February. Marquee expects to drill 3-4 horizontal wells at Michichi in the first quarter of 2014. The Company finished drilling the first well at Michichi from its 2014 capital program and will start completion and tie-in operations on this well by January 22 . Marquee acquired 3 new 3D seismic surveys in late 2013, 1 at Michichi and 2 on its Lloydminster property. Interpretation of this data is currently underway and will be used to finalize further drilling plans in both areas in 2014.
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