Journey Energy Inc. is currently executing the most active capital program in our history with multiple well programs in Matziwin, Herronton, Pembina and Countess along with single well drills in Manola and Windfall. This program has resulted in a 100% success rate and is forecasted to result in record exit production in excess of 11,200 boe/d.
Journey Windfall 10-10-60-14W5 (100% WI) horizontal well was completed over 18 intervals in the Beaverhill Lake formation and production tested from August 9th to 22nd inclusive. During the 302 hour extended test, the well produced 5,416 bbl of 44o API oil and 30.6 mmscf of raw gas. Final flow rates for the last 24 hours of the test were 320 bbl/d of oil, 2.0 mmscf/d of raw gas, and 250 bbl/d of water at a flowing pressure of 300 psi. The produced raw gas was liquids rich and recoveries of approximately 50 bbls of natural gas liquids (NGL's) per mmscf of raw gas were calculated from the gas analysis. If processed through a facility, this test rate equates to approximately 700 boe/d (60% oil and NGL's).