Abenteur encounters 204 m of oil reservoir at Kingsford
2014-01-24 15:56 ET - News Release
Shares issued 18,278,266
ABU Close 2014-01-10 C$ 0.065
Mr. J. Lewis Dillman reports
ABENTEUER PARTNER TO COMPLETE NEW DUAL LEG STEELMAN HZ WELL
Abenteuer Resources Corp. operator CanEra Energy Corp. has drilled a new dual-legged horizontal well at 7-18-004- 06W2 on its Kingsford property in southeast Saskatchewan. The dual-legged well was drilled to a kick-off point at 1,187 metres and the intermediate casing point was at a measured depth of 1,660 metres. The first leg was drilled to a measured depth of 2,233 metres targeting the Midale Marly M3 zone. In total, CanEra encountered 335 metres of reservoir with oil staining throughout and gas units peaked at over 1,000 units at the heel. The second leg was drilled to a kick-off point at 1,675 metres and reached a measured depth of 2,213 metres to target the Marly M1 zone. In total, CanEra encountered 204 metres of reservoir with oil staining throughout and gas units peaked at close to 1,000 units at the toe.
CanEra, as the operator, reports that both legs have been acidized, and production equipment is currently being installed in order to commence production testing.
Abenteuer maintains a 13-per-cent working interest in the well and will update shareholders once the information is available. |
