In the Gull Lake Project Area: the previously announced 11-32-13-19 W3M vertical test well that was targeting oil production from the Roseray, Cantuar and Upper Shaunavon was completed and placed on production in January 2015. The 11-32 well is producing medium gravity oil from the Roseray formation.

As previously announced the well located in 6-5-14-19 W3M has been converted into a water injection well. Water injection will commence before the end of June 2015 and the result should be an increase in the area oil production and a lowering of the area operating costs. As previously announced the oil battery treating facility has been constructed at 13-32-13-19W3M.

Oil treating will commence before the end of June, 2015 which will result in lowering the area operating costs. Vital announces that the recently drilled well located in 3-32-13-19W3M has been cased and the completion and equipping of the well for potential oil production from the Cantuar formation is scheduled before the end of June 2015. Vital is the Operator of the drilling activities in the Gull Lake Project Area and maintains a 50% interest.

Tags: Vital Energy Inc.