Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/altima-starts-production-at-chambers-alberta-area-.shtmlAltima starts production at Chambers Alberta area horizontal 14-15-41-11 W5M well
Altima Resources Ltd. announces the ALTIMA ET AL HZ CHAMBERS 14-15-41-11 W5M well, surface location 1-16-41-11 W5M (the Well") was placed on
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Altima Resources Ltd. announces the ALTIMA ET AL HZ CHAMBERS 14-15-41-11 W5M well, surface location 1-16-41-11 W5M (the Well") was placed on production November 1, 2013.
The Company commenced construction of the 3.78 km Pipeline and Facilities for the Well on September 25, 2013 through a participation agreement (the "Agreement") between Acumen Energy Partners Inc. ("Acumen"), and Altima, (the "Company"). The Agreement grants Acumen the right to earn a 5% working interest (the "Acumen Interest") of the Company's 30% working interest in the ALTIMA ET AL HZ CHAMBERS 14-15-41-11 W5M Well and four sections of the associated pooled lands (the "Pooled Lands") located in the Chambers-Ferrier area of the Western Canada Sedimentary Basin, Alberta (refer to News Release August 26, 2013 for details).
