Alexander Energy Announces Positive Results of 2 Detrital Well Drilling Program

Alexander Energy Ltd (TSXV:ALX) announced that its 07-07-56-26W4 and 12-12-56-27W4 in the Detrital oil zone showed a lot of potential based on the test results obtained from both wells.

As quoted in the press release:

In the last 48 hours on test the well flowed at an average oil rate of 81 bbls/day (13 m3/day), with an average gas rate of 70 mcf/day (2 e3m3/day) and minimal water. The 07-07 well is the Company’s seventh oil well producing from the Detrital zone. Alexander has a 79-per-cent working interest in the 07-07 well. The well will be tied in immediately depending on weather.

Click here to read the full Alexander Energy Ltd (TSXV:ALX) press release.