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Manitok Energy provides an update on its 2013 drilling program


Published Oct 22, 2013
Manitok Energy Inc.

Manitok Energy Inc. provide an update on its 2013 drilling program.

Drilling Update

The 18th Stolberg Cardium oil well, the second of a 3 well pad on section 29 where Manitok has a 79% working interest, was recently production tested. The unstimulated horizontal well was swabbed over approximately a 72 hour period, at an average of rate of 320 bbls/d (253 net) of about 42º API oil and very little associated gas over the period. Manitok believes that once the well is placed on production using a gas lift system similar to other Manitok oil wells at Stolberg, flow rates may be improved. The drilling of the third well on the pad is well underway. The 3 well pad is anticipated to be on temporary production in December 2013 and on permanent facilities in early January 2014.

Manitok's recently drilled, unstimulated, Stolberg Ostracod gas well (75% working interest) flowed at an average rate of 4.0 mmcf/d (3.0 net) over a 38 hour period. During the last 23 hours of the test, the well flowed at a very stable rate of 4.6 mmcf/d (3.5 net) with 42 bbl/d (32 net) of wellhead condensate. The well is anticipated to be on production in December 2013.

Tags: Manitok Energy Inc.




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