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Diaz Resources Ltd. (CVE:DZR) reported that its production results averaging a combined rate of 200 barrels of oil per day from the three recently drilled horizontal heavy oil wells.
Diaz Resources Ltd. (TSXV:DZR) reported that its production results averaging a combined rate of 200 barrels of oil per day from the three recently drilled horizontal heavy oil wells.
The press release is quoted as saying:
The new wells bring production from the Diaz operated pool to approximately 350 barrels of oil per day. Diaz has a 50% working interest in the Lloydminster pool and anticipates that additional development drilling will commence in the 4th quarter of 2011.
Click here to access the entire press release
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