Pennant Energy: Third Montney Well Drilled and Pipeline Completed

Pennant Energy Inc. (TSXV:PEN) reported that the third well at Bigstone has been drilled and is anticipated to commence mid to late April upon completion of certain operations by Delphi at the Lsd 1-19 tie-in point.

As quoted in the press release:

Operational Highlights:

• The well 13-33-060-22W5 has been drilled to total measured depth of 5,336 meters with a 2,590 meter horizontal length;
• Surface production facilities located in Lsd 3-29-060-22W5 and the 1.6 mile, 8 inch pipeline to the Delphi operated gas gathering system tie-in point has been completed;
• Production from our wells is anticipated to commence mid to late April upon completion of certain operations by Delphi at the Lsd 1-19 tie-in point; and
• Fourth Montney extended reach horizontal well location surveyed and anticipated to spud in June, 2012.

Click here to read the Pennant Energy Inc. (TSXV:PEN) press release

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