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    Petro-Reef Resources Finishes Drilling 11-12-56-27W4 Detrital Sand Oilwell

    Investing News Network
    May. 01, 2012 05:30PM PST
    Oil and Gas Investing

    Petro-Reef Resources Ltd. (TSXV:PER) has finished drilling 11-12-56-27W4 Detrital sand oilwell.

    Petro-Reef Resources Ltd. (TSXV:PER) has finished drilling 11-12-56-27W4 Detrital sand oilwell.

    As quoted in the press release:

    The 11-12 well encountered 7 meters of net pay, split into an upper and lower sand. Only the lower sand was completed at this time, with swabbing for 10 hours recovering 24 cubic meters (150 barrels) of clean oil with negligible water (less than one percent).

    Click here to read the Petro-Reef Resources Ltd. (TSXV:PER) press release.

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