Donnycreek Energy Inc. reports that it currently has 322 gross (226 net) sections of Montney lands in the greater Kakwa / Wapiti / Chicken area of Alberta and is producing approximately 640 boe/d (54% liquids) from two of its three Kakwa Montney gas wells.

The third well will be brought on-stream as facility limitations are alleviated during the summer and further optimized with the completion of the 16-07-63-5 W6M centralized gas handling facility in Q4 2013. The facility will have capacity to handle 15 mmcf/d of gas and 3,000 bbls/d of condensate and will be capable of handling production volumes through 2014.

KAKWA MONTNEY 13-17-63-5 W6M

The first Donnycreek horizontal Kakwa Montney well at 13-17-63-5 W6M (the "13-17 Well") has been on production since January 2013. Various facility bottlenecks associated with downstream processing has limited production.

Tags: Donnycreek Energy