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High North Resources updates Core Area, Blocks A to H operations


Published Jul 28, 2014
High North Resources Ltd.-2

High North says that Montney oil flowing production rates from the five horizontal wells drilled to-date on its 100 percent owned core area 20.25 contiguous sections (Blocks A to H) at the Girouxville-Mclean property.

Since bringing on the Company's first well in mid-January 2014 to the end of May, 2014, over 40,700 barrels of oil (bbls) or over 54,600 barrels of oil equivalent (boe), including associated gas have been produced. Five out the five 100% working interest wells flowed oil during test periods. The two wells currently on production (09-02-76-21W5M, 16-02-76-21W5M) on section 02-76-21W5M, and wells 08-21-76-21W5M, 08-02-76-21W5M, 16-02-76-21W5M meet or exceed management's Montney oil type curve. A work over at 09-26-75-21W5M is planned to increase productivity after larger surface equipment is installed.

Tags: High North Resources Ltd.




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