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RedWater completes battery construction/adds light oil production


Published Aug 24, 2012
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RedWater Energy Corp.

RedWater Energy Corp. provide an operational update on its operational activity in its core properties. RedWater total production at July 31, 2012 increased to 132 boepd (83% oil/17% natural gas). The Corporation has approximately 1,200 mcf/d of tested natural gas production shut-in due to low commodity prices.

At Redwater, the Corporation completed battery construction and re-activated two (2) Mannville light oil wells (32° API). The wells began producing in late June and are currently producing at a restricted rate of 42 boepd (78% oil/22% natural gas).

Tags: RedWater Energy Corp.




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