Waldron Energy Updates on Crystal 1-32-44-3W5 Well Drilling
Investing News Network - July 9th, 2012
Waldron Energy Corp. (TSX:WDN) updated on the drilling of a 60 percent working interest Crystal 1-32-44-3W5 horizontal Glauconite oil well.
Waldron Energy Corp. (TSX:WDN) updated on the drilling of a 60 percent working interest Crystal 1-32-44-3W5 horizontal Glauconite oil well.
As quoted in the press release:
Over a three day period, the 1-32 well tested cumulative volumes of 950 barrels of light oil and 4.8 Mmcf of liquids rich natural gas (70 barrels of liquids per million cubic feet of gas). A pumpjack will be installed and the well is expected to be on production by the end of July 2012.
Click here to read the Waldron Energy Corporation (TSX:WDN) press release. 