SkyWest Energy Corp. Provides an Update on Drilling Results and Expanded Credit Facilities

SkyWest Energy Corp. (TSXV:SKW) updates on drilling operations and the expansion of its credit facilities.

The press release is quoted as saying:

SkyWest has now drilled or participated in a total of 11 gross wells (9.325 net) and have seven operated wells on production. Six of the operated wells have been on production for greater than thirty days and have averaged approximately 340 boepd over the initial 30 days. Five of the operated wells have been on for greater than 60 days and have averaged approximately 300 boepd over the initial 60 day production period.

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