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Blackdog Resources Ltd. Readies Leduc Light Oil Well for Production
Blackdog Resources Ltd. (TSXV:DOG) reported that after testing the Leduc Reef light oil exploration well near Sylvan Lake, Alberta, it plans to install a pipeline for production.
Blackdog Resources Ltd. (TSXV:DOG) reported that after testing the Leduc Reef light oil exploration well near Sylvan Lake, Alberta, it plans to install a pipeline for production.
As quoted in the press release:
The pipeline has been surveyed and permitted and Blackdog and its partners expect to begin construction this week with a goal to have the well on production within 21 days. Blackdog has a 15% working interest in the well and entire section of land that the well is situated on. During limited testing over 5 days, the well flow tested at rates exceeding 225 barrels of oil equivalent per day (“boepd”) (35 boepd to Blackdog) without the aid of artificial lift of any kind.
Click here to read the Blackdog Resources Ltd. (TSXV:DOG) press release
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