Online Energy Paddle River 8-31-055-07W5M Ostracod Oil Well Update

- December 15th, 2011

Online Energy Inc. (TSXV:ONL) updated on the testing and evaluation of its Paddle River 8-31-055-07W5M Ostracod oil well in area of Alberta.

Online Energy Inc. (TSXV:ONL) updated on the testing and evaluation of its Paddle River 8-31-055-07W5M Ostracod oil well in area of Alberta.

As quoted in the press release:

The 8-31 well is the first horizontal Ostracod oil well drilled and fracture stimulated in the Paddle River area. The Company is very encouraged by the recent performance of the well and is preparing to drill additional wells on the project utilizing knowledge gained throughout the 8-31 drilling, completion and evaluation operations.

Click here to read the Online Energy Inc. (TSXV:ONL) press release.

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