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Arsenal Energy provides operational update


Published Dec 5, 2011
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Arsenal Energy reports exploration success

Arsenal operated Gjoa Lynn Bakken well has been completed and tested. The well flowed at 960 bbls/d of oil on a 28/64 choke with 775 lbs pressure over a 24 hour period and has been turned over to continuous production operations. Arsenal has begun lease construction on the Anthony Robert and Wade Morris two mile Bakken horizontal locations. Also at Stanley, Arsenal anticipates spudding the Anthony Robert by the end of January and the Wade Morris shortly thereafter.

At Edgerton, in Southeast Alberta, Arsenal has finished drilling the 12-20 Leduc horizontal well. The well encountered good shows while drilling. Completion operations should commence in the second week of December and results will be released when available.

Tags: Arsenal Energy Inc.




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