Strata-X Energy Completes Stimulation of Vail Oil Horizontal Well

- May 15th, 2014

Strata-X Energy Ltd. (TSXV:SXE,ASX:SXA) has executed the completion stimulation of its horizontal Burkett 5-34HOR well for the Vail Oil project. Halliburton carried out the completion simulation of the well, which consisted of the stimulation of all six unstimulated stages. Strata-X will prepare for production testing of the well in coming weeks.

Strata-X Energy Ltd. (TSXV:SXE,ASX:SXA) has executed the completion stimulation of its horizontal Burkett 5-34HOR well for the Vail Oil project. Halliburton carried out the completion simulation of the well, which consisted of the stimulation of all six unstimulated stages. Moving forward, Strata-X will prepare for production testing of the well in coming weeks.

As quoted in the press release:

The successful completion stimulation of the Well is the result of the Company’s new design for completion following a detailed analysis of a prior completion attempt, the core acquired of the targeted formation, and information obtained in drilling the Well. This completion stimulation was delayed until now, allowing the Company to acquire and close the transaction for the adjacent, approximately 23,000-net-acre Copper Mountain Oil Project under reasonable economic terms from an undisclosed third party.

Click here to read the Strata-X Energy Ltd. (TSXV:SXE) press release

See this press release on Marketwire

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