Pennant Tests 1,011 boe Per Day at Bigstone, Montney Horizontal Well

Pennant Energy (TSXV:PEN) announced that the Bigstone, Montney Formation horizontal well, Donnybrook HZ Bigstone 14-29-60-22W5, has been successfully completed and flow tested.

As quoted in the press release:

On October 12th, a 240 ton, 12 stage continuous fracture treatment along the 1254 meter lateral leg of the well (horizontal portion) was carried out over a 6 hour period. Immediately after, the well was flowed for cleanup and subsequently flow tested for approximately 4 days and is currently shut-in for built up. The well, after clean-up, produced gas and condensate over the last 24 hours of the test at approximately 4.3 million cubic feet per day (mmcf/day) and 295 barrels per day (bbls/day) of condensate (1011 barrels of oil equivalent per day, boe/day).

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