CALGARY, March 14 /CNW/ - Blackpool Exploration Ltd. participated for its 21.5% working interest in the drilling of a test well at Cecil in northwestern Alberta. This test well directly offsets and is on trend with a gas producer yielding 1.6 million cubic feet per day from a dolomitic reservoir in the Triassic age Charlie Lake Formation. The Blackpool well encountered the same Charlie Lake reservoir and was flow tested after completion at a stabilized gas rate of approximately 600 thousand cubic feet per day. The well is currently awaiting tie-in to a gas gathering and processing facility. Production commencement is anticipated by April 15, 2007.
BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
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