Kallisto now has a 30% working interest in the first three Cardium wells, which it drilled in the Pembina area. Production from the company’s fourth Cardium horizontal oil well in its Pembina area, located at 13-33-047-3 W5, averaged 253boe per day (76boe per day net to Kallisto) for the first 30 days of production.
Production from the company’s four Pembina Cardium horizontal wells averaged 467boe per day in March, 2010 (140boe per day net to Kallisto).
Kallisto is a Calgary-based resource company engaged in the exploration, development and production of oil and natural gas primarily in Alberta.
