Australia

Whitebark Energy commences drilling third well at Wizard Lake

Your ads will be inserted here by

Easy Plugin for AdSense.

Please go to the plugin admin page to
Paste your ad code OR
Suppress this ad slot.

Whitebark Energy Ltd (ASX:WBE) has commenced drilling operations for its third oil well Rex-3 at the Wizard Lake Project in Canada.

Rex-3 will be drilled on the same pad as Rex-2, around 300 metres to the east and drilling is expected to take about 14 days.

The total length of the well is expected to be 3,370 metres and includes a planned horizontal leg of around 1,800 metres.

Rex-3 is planned to penetrate the reservoir section at about 1,405 metres vertical depth.

Rex-3 is the third of a potential 20+ wells

Whitebarks managing director David Messina said: “Whitebark continues to advance the Wizard Lake development program in Canada with operations starting on Rex-3 ahead of schedule.

“With the extended reach horizontal section of Rex-3 we are very optimistic about continuing to see improvements over the previous Wizard Lake wells.”

The WizarRead More – Source