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Artisan Energy reports December 2012 filings and provides operational update


Published Apr 30, 2013
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Artisan Energy Corporation

Artisan Energy Corporation has filed its audited consolidated financial statements and related management's discussion and analysis for the period ended December 31, 2012. In addition, Artisan has filed its reserves data and other oil and gas information for the period ended December 31, 2012 in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. OPERATIONS

In March 2013, Artisan drilled two horizontal Ferrybank Belly River oil wells, each with 1000m laterals. Operations to equip the wells with pumpjacks and tanks are underway, while completion (14 stage frac) operations are expected to occur after spring breakup.

The Corporation also completed the acquisition of the right of way to construct a 3km tie-in pipeline at Chip Lake, in March 2013. The pipeline will be used to tie-in Artisan's 9-33-53-10W5 horizontal rock creek oil well. Construction of the pipeline is expected to take three weeks and will occur after spring breakup.

Tags: Artisan Energy Corporation




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