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BNK Petroleum Inc. Announces Commencement of Hartgraves 1-6H Fracture Stimulation
BNK Petroleum Inc. Announces Commencement of Hartgraves 1-6H Fracture Stimulation ...
About this update from Kolibri Global Energy Inc
[{"type":"text","content":"\n\n\n\nBNK Petroleum Inc. Announces Commencement of Hartgraves 1-6H Fracture Stimulation\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\n\n\n\n\n\n\nCanada NewsWire\nCAMARILLO, CA, Aug. 3, 2017\n\n\n\nCAMARILLO, CA, Aug. 3, 2017 /CNW/ - BNK Petroleum Inc. (the \"Company\") (TSX: BKX) is pleased to announce that fracture stimulation completion operations on the previously drilled Hartgraves 1-6H well have commenced.\n\nThe fracture stimulation is anticipated to take approximately two weeks, after which the equipment will be removed and the flowback will commence. It has historically taken a few weeks of flowback until stabilized hydrocarbon production occurs.\n\nCommenting on the announcement, Wolf Regener, President and CEO, said \"We are looking forward to seeing the production rates from this well, which is the next step in our plan to quickly increase our production and cash flow to accelerate the development of the field.  Our intent is to commence completion operations on the previously drilled Brock 9-2H within weeks after the Hartgraves 1-6H well is completed.\" \n\nAbout BNK Petroleum Inc.\n\nBNK Petroleum Inc. is an international oil and gas exploration and production company focused on finding and exploiting large, predominately unconventional oil and gas resource plays. Through its subsidiaries, the Company owns and operates shale oil and gas properties in the United States. Additionally, the Company is utilizing its technical and operational expertise to identify and acquire additional unconventional projects. The Company's shares are traded on the Toronto Stock Exchange under the stock symbol BKX and on the OTCQB under the stock symbol BNKPF.\n\nCaution Regarding Forward-Looking Information\n\nCertain statements contained in this news release constitute \"forward-looking information\" as such term is used in applicable Canadian securities laws, including statements regarding the timing of and expected results from planned Caney wells development.  Forward-looking information is based on plans and estimates of management and interpretations of data by t...