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Strategies & Market Trends : YellowLegalPad

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From: John McCarthy4/22/2006 8:05:34 PM
   of 1182
 
Rolling Thunder announces test results of Peace River Arch well
Thursday April 20, 5:47 pm ET

CALGARY, April 20 /CNW/ - Rolling Thunder Exploration Ltd. ("Rolling Thunder" or the "Corporation") (TSX-V: ROL.A - News, ROL.B - News; OTC Pink Sheets: RTHXF - News) advises that the Corporation has recently tested a light oil zone in one of its 100% working interest Peace River Arch wells.

The well was flowed through a 12.7mm choke for a period of 23 hours and 30 minutes at an average flowing pressure of 3726 Kpa.

Through the duration of the test, the flowing tubing pressure declined from 3995 Kpa to 3528 Kpa while the casing pressure increased from 2400 Kpa to 3779 Kpa.

Cumulative production for the 23.5 hours of flow was 237.6 m3 (1,494 bbls) of 38.4 degrees API oil, 24.8 E3M3 (875 mcf) of gas and 3.16m3 (19.8 bbls) of water.

The duration of the test was limited due to the capacity to handle produced fluids during breakup conditions.

Efforts are underway to tie the well in and therefore allow further testing and evaluation after break-up. Due to the limited duration of the test, a forecast of the on-stream productivity cannot be made at present.

biz.yahoo.com

RTHXF.PK 1.35
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