Manitok Energy Inc. provide an update on its 2013 drilling program.

The 15th Cardium oil well in Manitok's Stolberg drilling program was recently completed and production tested. It is the third horizontal Cardium oil well of a four well pad in which Manitok has a 33.3% working interest. The well was completed and tested over approximately a 75 hour test period. Initially, the well swabbed in at a rate of about 533 bbls/d (178 net) of oil with little associated gas, however, during the final 30 hours of the test period, the well free-flowed to surface at 764 bbls/d (255 net) of 40º API oil and 64 boe/d (21 net) of associated sweet gas. This well was unstimulated and artificial lift was not required to bring the oil to surface during the final 30 hour flow period.

The two previously drilled wells on the four well pad, the 13th and 14th Stolberg oil wells, tested at similarly strong rates. During the last 19 hours of a 72 hour test period, the 13th Stolberg oil well free-flowed at an average rate of about 950 bbls/d (316 net) of 42º API oil with 79 boe/d (26 net) of associated gas. The 14th well flowed at an average rate of 745 bbls/d (248 net) of 44° API oil and 103 boe/d (34 net) of associated gas over a 50 hour test period.

Tags: Manitok Energy Inc.