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Manitok Energy Inc. (CVE:MEI) reports the following operational update and the financial results as at and for the three months ended September 30, 2010.
Manitok Energy Inc. (TSXV:MEI) reports the following operational update and the financial results as at and for the three months ended September 30, 2010.
The press release is quoted as saying:
Manitok expected to achieve an overall production rate in the order of 150 bbls/d from these wells. While still very early in the production phase of these wells, management believes the five wells will meet or exceed this target in the coming months. Manitok completed the drilling portion of the program on budget with pre-spud drilling estimates.