Solara Exploration Places Cardium and Dina Horizontal Wells on Production

- February 16th, 2011

Solara Exploration Ltd. (CVE:SAA.A) reports that two recently drilled and completed Cardium horizontal wells were placed on production in the last week at its Pembina (Buck Lake) Project in northwestern Alberta.

Solara Exploration Ltd. (TSXV:SAA.A) reports that two recently drilled and completed Cardium horizontal wells were placed on production in the last week at its Pembina (Buck Lake) Project in northwestern Alberta.

The press release is quoted as saying:

Solara controls a 26.67% working interest in the well. Solara is currently installing boost compression to increase the productive capability of its wells located in section 9-45-5 W5M which are currently producing into a high pressure gas gathering system. The initial production rates of the two wells may not be indicative of their productive capability over the longer term. The Company has up to five additional horizontal drilling locations on its working interest lands at Pembina (Buck Lake), Alberta based on management’s internal assessment.

Click here to access the entire press release

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