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HIGHWOOD ASSET MANAGEMENT LTD. PROVIDES OPERATIONAL UPDATE, INCLUDING 1,000 BBL/DAY LIGHT OIL WELL AT WILSON CREEK AND REITERATES 2024 GUIDANCE
HIGHWOOD ASSET MANAGEMENT LTD. PROVIDES OPERATIONAL UPDATE, INCLUDING 1,000 BBL/DAY LIGHT OIL WEL...
About this update from Highwood Asset Management Ltd
[{"type":"text","content":"\n \n \n \n HIGHWOOD ASSET MANAGEMENT LTD. PROVIDES OPERATIONAL UPDATE, INCLUDING 1,000 BBL/DAY LIGHT OIL WELL AT WILSON CREEK AND REITERATES 2024 GUIDANCE\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: RIGHT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnml40{\nMARGIN-TOP:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:3.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/\n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Feb. 5, 2024\n \n \n /CNW/ - Highwood Asset Management Ltd., (\"\n \n Highwood\n \n \" or the \"\n \n Company\n \n \") (TSXV: HAM) is pleased to announce an operational update, including a 1,000 bbl/day light oil well with its inaugural stage frac wells at\n \n Wilson Creek\n \n , and to reiterate its 2024 guidance.\n \n \n \n \n \n \n \n \n \n \n Operational Update\n \n \n \n \n Highwood recently brought online its second well at\n \n Wilson Creek\n \n , the 100/03-04-043-05W5 (the \"\n \n 03-04 well\n \n \") on\n \n January 27, 2024\n \n , representing a drilling, completion, and tie-in cycle time of approximately 45 days. The 03-04 well is a direct offset to the successful 102/06-04-043-05W5 well that achieved payout in under six months. The 03-04 well is currently producing at a rate in excess of 1,000 bbls/d of light oil plus associated gas and natural gas liquids equating to total production of over 1,300 boe/d over the past 7 days.\n \n \n Highwood spud it first extended reach well, the 04-10-043-05W5 (the \"\n \n ...