FIELD ACTIVITIES / High Plains Energy Non-Operated Drilling Update
CALGARY, Nov. 6 /CNW/ - HIGH PLAINS ENERGY INC. THROUGH ITS WHOLLY OWNED
AMERICAN SUBSIDIARY, GRIFFON PETROLEUM INC., ANNOUNCED THAT AS A NON-
OPERATOR, AND WITH A 23.75% WORKING INTEREST, THAT THE WALLIN 21-18E 35N MPM,
BLAINE COUNTY, MONTANA, WELL SPUDDED YESTERDAY. THE WELL IS A PROJECTED 1800
FT. EAGLE FORMATION TEST AND IS THE SECOND IN A DEVELOPMENT PROGRAM IN
MONTANA. THE CORPORATION HAS MORE THAN 14,000 NET ACRES IN HILL AND BLAINE
COUNTIES, MONTANA.
PRODUCTION AND RESERVOIR PERFORMANCE TESTS ARE BEING CONDUCTED ON THE
RECENTLY COMPLETED HOEFELDT 4-33N-17E, MONTANA, WELL. ESTIMATES SUGGEST THAT
AS MUCH AS 40,000,000 CF OF GAS WAS LOST DURING THE FIVE DAYS THAT THE WELL
WAS OUT OF CONTROL. |
