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Gold/Mining/Energy : Tusk Energy (TKE)
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To: Robert McCullough who wrote (717)7/8/1998 10:49:00 AM
From: grayhairs  Read Replies (2) of 1207
 
Hi Robert,

Thanks for the Apache link.

Apparently TKE's last Meekwap well is producing steady at about 800 bopd with 800 mcf/d of associated gas. The water cut is NIL and the well is FLOWING at a "strong" tubinghead pressure similar to their last well. TKE's net share (working and royalty interests combined) of this production is in the order of 160 boepd which is another nice increment for TKE. Tusk will probably proceed with a tie in of this well to their central battery as soon as mud conditions permit.

This well is quite significant in that it does provide a second confirmation of the development potential that was implied by a recent 3-D seismic interpretation of the Meekwap pool. At a SEPAC sponsored show & tell earlier this summer, TKE indicated that they could have as many as 20 development locations on this core property, so hopefully we will see additional development drilling here by early fall.

Later,
grayhairs
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