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Pinedale Horizontal Flows at Rate of 51 Million Cubic Feet of Natural Gas per Day
Pinedale Horizontal Flows at Rate of 51 Million Cubic Feet of Natural Gas per Day ...
About this update from Mcf Energy Ltd
[{"type":"text","content":"\n\n\n\nPinedale Horizontal Flows at Rate of 51 Million Cubic Feet of Natural Gas per Day\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.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbb1{\nBORDER-BOTTOM:1pt\n}\n.prnsbr1{\nBORDER-RIGHT:1pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbt1{\nBORDER-TOP:1pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prnsbl1{\nBORDER-LEFT:1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Dec. 8, 2017\n\n\n\nVANCOUVER, Dec. 8, 2017 /CNW/ - Pinedale Energy Limited (\"Pinedale\" or the \"Company\") (TSXV: MCF), is pleased to provide an update on 2017 development and exploration activities occurring at the Company's non-operated working interest properties situated in the Pinedale gas field area, southwest Wyoming.\n\nWarbonnet Horizontal Well Highlights\n\n\nMaximum 24-hour IP rate of 51 million cubic feet of natural gas equivalent (\"MMcfe/d)\nFlowing at a rate of 47 MMcfe/d (7% field condensates) in early December\n30-Day IP rate of 36 MMcfe/d\nProduced 1.1 billion cubic feet of natural gas equivalent in 30 days\n\nPinedale Horizontal Well Production Update\n\nPinedale Energy owns an approximate 7.9% non-operated working interest in the Warbonnet 9-23-A-1H horizontal exploration well, a 10,300 feet lateral which targeted the Lower Lance A section on the east flank of the Pinedale anticline. Warbonnet 9-23-A-1H was successfully completed in late October 2017 and turned in line to sales on November 1, 2017.  \n\nIn its first 30-days of production Warbonnet 9-23-A-1H has produced 1.1 billion cubic feet of natural gas equivalent. Warbonnet 9-23-A-1H had a 24-hour maximum initial production rate of 51 MMcfe/d and a 30-day average initial production rate of 36 MMcfe/d. Warbonnet 9-23-A-1H was flowing at a rate of 47 MMcfe/d (7% field condensates) at the beginning of December.\n\nAbout Pinedale Energy Limited\n\nPinedale Energy Limited is an independent oil and gas exploratio...