Blackbird Energy Announces Successful Completion Of Bigstone Well With Initial Flow Test Results Up To 1,011 boe/Day
Blackbird Energy Inc. (TSXV:BBI) announced that the Bigstone, Montney Formation horizontal well, Donnybrook HZ Bigstone has been successfully completed and flow tested.
As quoted in the press release:
The Bigstone Well has tested at comparable or better rates to a well located approximately 5 miles to the south which was drilled and completed in a similar manner (1,200 meter lateral with 12 stage frac) and tested rates of 3.5 mmcf/day and 225 bbls/day of condensates; 808 boe/d. The operator of that well has offset the initial test with 2 longer horizontal wells with 2,000 and 2,538 meter laterals at locations about 4 miles south of ( 1 mile closer to) the Bigstone Well. The 2,000 meter lateral section tested at rates of 13.1 mmcf/day and 655 bbls/day of condensate (2,840 boe/day). The 2,538 meter lateral section tested at 15mmcf/day and 600-900 bbls of condensates. (3,100-3,400 boe/d).
Blackbird Energy President and CEO, Garth Braun said:
We are very pleased with these results which confirm our expectations of the Bigstone Well. The potential of the Montney formation in the Bigstone/Fir area continues to be highlighted by industry activity in the area and Blackbird looks forward to its future participation in this exciting oil and gas play. Currently, Blackbird’s 25% working interest in 4,480 acres of contiguous lands at Bigstone represents a potential drilling inventory of 13-27 development locations depending on the length of the horizontal leg of each well.”