Passport Energy Ltd. Announces Successful Drilling of the Development Well in the Hardy Field (Bakken Formation), Southeast Saskatchewan
Passport Energy Ltd. (PPO - CNSX), is pleased to announce that in conjunction with its partners American Eagle Inc. and Eternal Energy Corp. has successfully completed drilling and casing its Hardy S 1A4-16-4B4-9-04-21W2 well (the "Hardy 4-16 well") ahead of schedule. The Bakken formation well was drilled to a vertical depth of approximately 3,504 meters and extended horizontally for approximately 1,320 meters, and is located approximately one-half mile west of the closest producing horizontal Bakken well in the Hardy field. The initial drilling was completed in 18 days instead of 21 days, as originally anticipated. The Company expects to complete a 29-stage fracture stimulation of the well later this month.
- Published: 08 June 2011
- Written by Editor