Leucrotta Exploration Inc. has commenced its Montney drilling program. Leucrotta expects to have 3 Montney horizontal wells drilled and tested prior to year-end. Leucrotta is targeting high deliverability liquids-rich gas in the Lower Montney Turbidite horizon.

As part of its capital program, Leucrotta will tie-in 3 previously drilled Montney wells prior to the end of Q1 2016. The Mica 13-07 Lower Montney oil well will be placed on production in early October at a restricted rate of approximately 300 boepd (50% light oil).

This well had previously tested at 450 boepd (>50% light oil) over a 30-day test period. The A4-19 Upper Montney well is estimated to be on production by February 1, 2016 at a rate of approximately 500 boepd (90% gas). The 8-18 Lower Montney well is estimated to be on production by April 1, 2016 at a rate of 350 boepd (75% gas).

Tags: Leucrotta Exploration Inc.