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Yangarra Tags Duvernay Well; Seeks JV Partner
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Yangarra Resources Ltd. reported an update on the Duvernay drilling operations.
The Company drilled its continuation well in the Willesden Green block (7 gross, 7.0 net sections) to a total measured depth of 17,200 feet including a 1.2 mile lateral section. Drilling time from spud to TD was approximately 42 days with an estimated cost of $6 million to drill and case the well with a 4 1/2" lateral section cemented in place. With the drilling of the well, Yangarra has now extended the tenure of the Willesden Green land block to October 2020 .
In the Pembina block (54.0 gross, 54.0 net sections), the Company acquired a surface location, licensed a Duvernay well, and is formulating a drilling plan to continue the land. Yangarra anticipates, that the knowledge and experience gained drilling…
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