Exploration & Production
Strata-X Initiates Ops at New Albany Burkett Well
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Strata-X Energy Ltd. has started operations on the Burkett #5-34HOR horizontal well on its Vail Oil Project.
The Burkett 5-34HOR horizontal well is the first appraisal well in the Vail Oil Project. The Company owns a 100% working interest in the well and 48,000 net acres in the project overall.
The Burkett 5-34HOR well is to be drilled in Clay County, Illinois, west of the town of Xenia, Illinois. As previously announced, the Company executed a Drilling Contract with Les Wilson Inc. for the Burkett 5-34HOR well which is expected to test the Devonian Lingle formation, a dolomitic reservoir which lies directly below the hydrocarbon rich New Albany Shale.
The permit issued by the Illinois Department of Natural Resources (IDNR) for the drilling of the well authorizes the following…
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