Oil and Gas

Reliable Energy Ltd. (TSXV:REL) reported that operational update on company’s activities.

Reliable Energy Ltd. (TSXV:REL) reported that operational update on company’s activities.

As quoted in the press release:

As of the date of this release, Reliable has completed and placed on production six (4.5 net) horizontal wells with production currently at 950 bopd, up 342 bopd or 56% from June 30, 2011. The remaining four wells are expected to be completed and on production by mid December 2011.

Click here to read the Reliable Energy Ltd. (TSXV:REL) press release

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