The operator, Kicking Horse Oil & Gas Ltd., has commenced completion operations on the first well, 103/16-29-063-6W6M well (the "103/16-29 Well") which includes a 2700 m horizontal leg in the Montney Formation.
Drilling operations also commenced on the second well, 100/01-04-064-6W6M (the “01-04 Well”) The well is programmed to include an approximate 2900 m lateral in the Montney Formation. Questerre will hold a royalty interest in the 103/16-29 Well and the 01-04 Well, subject to standard payout provisions.
Questerre Energy Corporation is leveraging its expertise gained through early exposure to shale and other non-conventional reservoirs. The Company has base production and reserves in the tight oil Bakken/Torquay of southeast Saskatchewan. It is bringing on production from its lands in the heart of the high-liquids Montney shale fairway. And pursuing oil shale projects with the aim of commercially developing these massive resources.
Questerre is a believer that the future success of the oil and gas industry depends on a balance of economics, environment and society. We are committed to being transparent and are respectful that the public must be part of making the important choices for our energy future.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/23112018/questerre-energy-corporation-second-well-spud-at-kakwa-north/