Waldron Energy Announces Successful Well Results

- March 8th, 2011

Waldron Energy Corporation (TSE:WDN) reports that the company’s working interest Ricinus 12-11-36-9W5 well has been completed and tested.

Waldron Energy Corporation (TSX:WDN) reports that the company’s working interest Ricinus 12-11-36-9W5 well has been completed and tested.

The press release is quoted as saying:

Additionally, the Corporation has successfully deepened, logged and cased its Strachan 14- 30 -37-8W5 well (the “14-30 well”) as a high perm Ellerslie well. The 14-30 well is expected to finish completion operations within the next two weeks. These two successful wells follow the February 17, 2011 announcement of the successful Strachan 7-29-37-8W5 well which tested at 6.2 MMcf per day plus expected liquids of 40 bbls/mmcf out of the Ellerslie and Glauconite Formations. All three vertical wells are expected to be placed on production within thirty days.

Click here to access the entire press release

Leave a Reply