Third Montney Horizontal Well in Bigstone to Spud in Two Weeks

- February 16th, 2012

The third Montney Horizontal well at the Blackbird Energy Inc. (TSXV:BBI) Bigstone Project is scheduled to spud within two weeks from a surface location at 4-28-60-22 W5M and will be an extended reach Hz well with approximately 2,700 metres of lateral length planned to a bottom hole location at 13-33-60-22 W5M.

The third Montney Horizontal well at the Blackbird Energy Inc. (TSXV:BBI) Bigstone Project is scheduled to spud within two weeks from a surface location at 4-28-60-22 W5M and will be an extended reach Hz well with approximately 2,700 metres of lateral length planned to a bottom hole location at 13-33-60-22 W5M.

As quoted in the press release:

Production tubing has been installed in the Bigstone Hz 15-32-60-22 W5M well and a seven day production test has been completed. The well flowed at an average rate of 1.1 mmcf/d. As previously reported, a review of the 23 stage hydraulic fracture stimulation that was performed on the well indicates that only 5 of the 23 stages of the planned fracture program were successfully stimulated. This rate is consistent with the interpretation that only 5 of the 23 stages are contributing to the well’s production. As a result the reported well completion test rates do not reflect the quality of reservoir the well encountered while drilling. The 15-32 well encountered 2,744 metres of high quality Montney reservoir with strong gas shows and excellent penetration rates. The reservoir encountered is comparable to the Montney interval that was successfully completed in the Blackbird Hz 14-29-60-22 W5M Bigstone discovery well (37.5% BPO; 25% APO). The 14-29 well has a 1,200 metre lateral length and tested 4.3 mmcf/d of natural gas and 295 barrels of condensate per day – a ratio of 70 barrels of NGLs per mmcf of gas (1,011 barrels of oil equivalent per day).

Construction operations for the pipeline and surface facilities connecting the 14-29 and 15-32 wells is projected to start late February with wells and facilities ready for production to start by April 1st, 2012.

Click here to read the Blackbird Energy (TSXV:BBI) press releaseSee this press release on Marketwire
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