Wild Stream Exploration Inc. Provides Q3 2011 Operational Update and Increased 2011 Guidance

- October 14th, 2011

Wild Stream Exploration Inc. (TSXV:WSX) reported continued production growth and drilling success on the recently acquired southwest Saskatchewan assets.

Wild Stream Exploration Inc. (TSXV:WSX) reported continued production growth and drilling success on the recently acquired southwest Saskatchewan assets.

As quoted in the press release:

2011 Third Quarter Operational Highlights

  • Based on field estimates, the Company’s third quarter 2011 average production increased by 73 percent over the second quarter to 6,150 boepd.
  • Recent production levels have met our previously stated exit guidance of 6,800 boepd.
  • The Company drilled 24 (22.4 net) oil wells with a 100% success rate including 14.4 net wells in Shaunavon, 7.0 net wells in Dodsland and 1.0 net well in Swan Hills.
  • Have grown production through drilling and optimization on the recently acquired southwest Saskatchewan assets to the current level of 2,350 boepd from 1,800 boepd.

Click here to read the Wild Stream Exploration Inc. (TSXV:WSX) press release

Tags

Tags:

Leave a Reply