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PetroShale Touts Oily New Well IPs in the Bakken
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PetroShale reported an update on its recent wells in the Williston Basin.
PetroShale has drilled and completed four (3.7 net) new wells on two operated drilling spacing units ("DSUs"), being "Primus" in the Antelope area and "Horse Camp" in the South Berthold area of the North Dakota Bakken.
Primus WellsThe Primus "3H" well was completed with a 9,550 foot long lateral in the Bakken formation and started producing on a production test on March 5.
The 3H well produced at an average rate for the last 28 days of approximately 1,880 BOEPD including 1,466 barrels of oil per day BOPD and 2.5 million cubic feet of gas per day Mmcf/d.The Primus "4H" well was completed with a 7,120 foot long lateral in the Three Forks formation and started producing on a production test on March 6.
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