Sunridge Energy Corp. has production tested first discovery well in the Millet area at 102/9-36-47-25 W4. The well evaluated and tested 150 barrels per day of 18.3 API gravity oil. Production will commence within one week. This well qualifies for the 5% Alberta royalty free holiday for the first 50,000 barrels. Sunridge is operator, with an 80% working interest in the well.

Sunridge is in the process of finalizing the drill program for our second well at 102/14-22-47-25-W4 which has an estimated 15.0 metres of pay on logs, twice the pay of the discovery well. Sunridge has acquired 3000 acres of land within the new pool discovery area.

Tags: Sunridge Energy Corp.