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Saskatchewan Drilling Plans 73 Wells In 2017
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TORC Oil & Gas Ltd.'s Board of Directors has approved a 2017 capital budget of $130 million:
Southeast Saskatchewan In southeast Saskatchewan, TORC plans to drill 38 (31.5 net) conventional wells. With more than 400 net undrilled conventional locations identified, the 2017 budget represents less than 10% of TORC's currently identified locations. Southeast Saskatchewan conventional activity will comprise approximately 35% of the Company's 2017 drilling, completion and tie-in capital budget.Torquay / Three Forks
Development program drilling 8 (7.0 net) successful wells in the play. Plan to drill 15 (12.5 net) development and delineation wells during 2017. During 2016, TORC has been successful in reducing the all in costs of the Torquay/Three Forks wells from $3.2 million at the…- ✓ Full news archive — U.S., Canada & international coverage
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