Questerre Energy reported that it has recently spud a 100% working interest well in the Kakwa-Resthaven area of west-central Alberta.
Michael Binnion, President and CEO of Questerre commented, "This well will test the liquids rates from our south Kakwa acreage. After our 09-01 well which confirmed high pressure gas rates, we are looking forward to the results from this well. With ten net sections in this area that have not yet been assessed for resources, positive results could materially improve our Montney resource base."
Located approximately six miles south of its producing wells in the area, the 16-07-62-5W6M well ("16-07" Well) will target the liquids rich Montney formation.
It is programmed to be drilled to a measured depth of approximately 5100m including a horizontal leg. Subject to weather and equipment availability, the well is scheduled to be completed after spring break-up.
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