Bowood Announces Spud of Alberta Bakken Well at 15-25-3-23 W4

Bowood Energy Inc. (TSXV:BWD) reports that the company’s first joint well in the southern Alberta Bakken fairway spudded on March 22nd, 2011.

The press release is quoted as saying:

The proposed Spring Coulee 15-25 horizontal well is being drilled from a surface location in 3-1-4-23 W4 with the horizontal portion of the well expected to terminate in 15-25-3-23 W4. The well’s primary targets are the Big Valley, Exshaw and Banff Formations, which collectively form the Bakken petroleum system in the southern Alberta Basin. The 15-25-3-23 W4 well targets an area where there is not only potential in the Bakken Petroleum system but also in a number of other zones prospective for oil. The Spring Coulee 15-25 well is the 28th well licensed by industry in the fairway on the Canadian side of the border since the play emerged in 2010.

Click here to access the entire press release