Whitebark Energy commences drilling third well at Wizard Lake

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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