Scandoil  

Marquee Energy experiences strong drilling results and operational performance


Published Oct 16, 2014
[an error occurred while processing this directive]

Edit page New page Hide edit links

Marquee Energy Ltd.

Marquee Energy Ltd. has experienced strong drilling results and operational performance, while it has also been successful in improving its balance sheet strength by monetizing certain non-core, gas weighted properties at accretive metrics.

As a result of its strengthened financial position and to better position the Company for accelerated growth into early 2015, Marquee is pleased to announce an expansion of its capital program at both of its core properties of Michichi and Lloydminster as detailed below.

Michichi

Production at Michichi has increased to approximately 4,000boe/d. The company has achieved 100% drilling success year-to-date, with 11 completed oil wells and a 12th well now underway. Production history from this drilling has contributed to positive revisions in the Company's type curve at Michichi.

Tags: Marquee Energy Ltd.




Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml