Business

BNK Petroleum Inc. Completes Brock 9-2H Fracture Stimulation

BNK Petroleum Inc. Completes Brock 9-2H Fracture Stimulation Canada NewsWire CAM...

articleKolibri Global Energy IncSeptember 27, 20173/company/kolibri-global-energy-inc/news/bnk-petroleum-inc-completes-brock-9-2h-fracture-stimulation
BNK Petroleum Inc. Completes Brock 9-2H Fracture Stimulation

About this update from Kolibri Global Energy Inc

[{"type":"text","content":"\n\n\n\nBNK Petroleum Inc. Completes Brock 9-2H 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. 27, 2017\n\n\n\nCAMARILLO, CA, Sept. 27, 2017 /CNW/ - BNK Petroleum Inc. (the \"Company\") (TSX: BKX) is pleased to announce the completion of the fracture stimulation of the Brock 9-2H well (100% working interest) which is located in BNK's Tishomingo field, in the SCOOP region of Oklahoma.\n\nThe fracture stimulation was successful, with 13.5 million pounds of proppant, or over 2,650 pounds per foot placed, on time and under budget.\n\nThe next step is to drill out the plugs and then begin the flowback of the well.  The Company expects to have stabilized rates by the last week of October. \n\nCommenting on the announcement, Wolf Regener, President and CEO, said \"Our operations team has once again performed very well and delivered an excellent fracture stimulation.  We eagerly await the flowrates from the well.\" \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 the Company's technical team at the date the data is provided and is subject to several fa...

More updates from Kolibri Global Energy Inc