The stimulation, which will enhance the near well bore permeability, will commence shortly.
Offset geological log analysis of the nearby original 12-33 horizontal well located 8m away from its new 12-33 vertical well supports the expectation that the planned fracture stimulation of the 12-33 well should improve its near well bore contact with the quality light oil Cadotte reservoir (the Cadotte D Pool).
The company estimates that it has remaining recoverable reserves of 400,000 to 500,000 barrels.
The up dip location of the new 12-33 well is well positioned to access the Cadotte D Pool upon completion.
Subsequent to the fracture stimulation, the company will perform swabbing and testing operations to determine the productive capability of the well prior to tying the well into its 4-33 well site, where it has emulsion pipelines that will enable the company to access nearby crude oil processing facilities.
