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BNK Petroleum Inc. Commences Brock 9-2H Well Fracture Stimulation
BNK Petroleum Inc. Commences Brock 9-2H Well Fracture Stimulation Canada NewsWire ...
About this update from Kolibri Global Energy Inc
[{"type":"text","content":"\n\n\n\nBNK Petroleum Inc. Commences Brock 9-2H Well 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, Sept. 19, 2017\n\n\n\nCAMARILLO, CA, Sept. 19, 2017 /CNW/ - BNK Petroleum Inc. (the \"Company\") (TSX: BKX) is pleased to announce that fracture stimulation completion operations on the previously drilled Brock 9-2H 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\nThe Company also announces that the Hartgraves 1-6H well continues to perform well, with production rates staying above both the proved undeveloped and the probable case type curves used to estimate the reserves attributed to the Company's Tishomingo Field.  For the last 20 days, the well has averaged over 400 barrels of oil equivalent per day, of which over 80 percent is oil.\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\nCautionary Statements\n\nIn this news release and the Company's other public disclosure: The references to barrels of oil equivalent (\"Boes\") reflect natural gas, natural gas liquids and oil. Boes may be misleading, particularly if used in isolation. A Boe conversion ratio of 6 Mcf:1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given that the val...