Contact Exploration Inc. says that its 23.75% non-operated 14-2-63-6 W6M Kakwa Montney well (the "14-2 Well") has been successfully completed within the upper interval of the Montney Formation.

This interval had not previously been tested by Contact; however, other operators have demonstrated repeated success in this interval within the Kakwa/Resthaven trend. The 14-2 Well has been flow-tested by the operator for a total of 191 hours, including the final 98 hours with tubing in hole.

During the first 24 hours with tubing in hole, the 14-2 Well averaged gross production rates consisting of 444 bbl/d condensate and 3,710 mcf/d natural gas (105 bbl/d condensate and 882 mcf/d natural gas net) against a flowing pressure above 4,500 kPa.

Tags: Contact Exploration Inc.