Blackdog Resources commences production from Leduc well
Blackdog Resources Ltd. report that production from its Leduc Reef light oil exploration well
Blackdog Resources Ltd. report that production from its Leduc Reef light oil exploration well (the "Leduc Well") near Sylvan Lake, Alberta commenced on Monday November 7, 2011. The Company has a 15% working interest in the Leduc Well and in the entire section of land the Leduc Well is situated on. The well was put onto production after the successful construction of a 4km pipeline. During the completion process before the pipeline was installed, the Leduc Well flow tested without the aid of artificial life of any kind at a rate of approximately 225 barrels of oil equivalent per day (net 35 boepd to Blackdog) during a limited test over a 5 day period.
David A. Corcoran, President, commented: “Blackdog is very pleased with how the drilling, completion and tie-in processes for this 3000 metre deep exploration well have gone. The entire process from the commencement through to tie-in and first production was just over 10 weeks which is excellent. We look forward to updating the production rates from the well when the rates stabilize over the next few weeks.”