Testing has now been completed on workovers which commenced in mid December, at the Company's Brownfield, Alberta property.
Mr. Giovanni DeFrancesco, President & CEO of Petro Viking Energy Inc., provides the following operational update on field activities. Optimization of oil production at the Company's Ronalane property has increased oil production by 40% and Petro Viking is now producing approximately 100 boepd, weighted at 55% oil & NGLs and 45% natural gas.
In addition, licensing for a horizontal well is complete on the Company's Plato, Saskatchewan prospect where the target is Viking Oil. Petro Viking plans to secure a joint venture partner before drilling this well.
.
Tags:
Petro Viking
Add a Comment to this Article
Please be civil. Job and promotion will not be added into the comment page.