Strategic Oil & Gas Ltd. says its current corporate production is estimated at 2,050 boe/d. The Company is preparing to spud its fourth well of the winter drilling program. Strategic has further delineated its Marlowe Muskeg resource and believes it has validated undeveloped acreage with the 2016 winter capital program.
The first step-out Muskeg well drilled as part of the Company's 2016 program (14-35) is a horizontal well drilled five kilometers (3.1 miles) south and 50 meters (164 feet) structurally deeper than the Company's existing production wells at West Marlowe.
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Strategic Oil & Gas Ltd.
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