Canadian Spirit Resources Inc. Announces Montney Operational Update

- October 17th, 2011

Canadian Spirit Resources Inc. (TSXV:SPI,OTCBB:CSPUF) reported that its horizontal Montney well, c-B18-I/94-B-1, has a production at a flow rate of almost 5 million cubic feet per day.

Canadian Spirit Resources Inc. (TSXV:SPI,OTCBB:CSPUF) reported that its horizontal Montney well, c-B18-I/94-B-1, has a production at a flow rate of almost 5 million cubic feet per day.

As quoted in the press release:

The c-B18 well exhibited strong flow characteristics during the two week test period prior to being placed on production and the performance appears to be consistent with other typical middle Montney wells completed in the immediate Farrell Creek area. Together with three Montney wells brought on-stream in January 2011 and a fourth in September 2011, the Farrell Creek gas facility is approaching its capacity. The addition of the c-B18 well is expected to double the Corporation’s net share of production in the fourth quarter of 2011.

Click here to read the Canadian Spirit Resources Inc. (TSXV:SPI,OTCBB:CSPUF) press release

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