Hyperion Exploration Corp. (TSXV:HYX) announced initial production results from its operated 2011 Cardium light oil drilling program.
As quoted in the press release:
Initial results have exceeded the Company’s original estimates for wells completed and on production. At Garrington two gross (2 net) wells are now on production and at Buck Lake one gross (0.6 net) well is currently being tested. Hyperion expects to execute its remaining 2011 capital program as forecasted in its 2011 capital budget.