The well, which will have a horizontal leg of around 650m, is targeting the Viking formation at a depth of 800m.
The well is being drilled on the same geological trend, where Nextraction drilled 102/16-34-036-07W4 well in August 2012, which produced about 26,000bbls of oil to date.
The company said that the two successful wells drilled on offsetting land in 2013 on the same trend have produced around 16,000bbls of oil combined in their first five months of production.
The well is being drilled on company’s 50% working interest land, while joint venture partner has elected not to participate in the well.
Nextraction Energy president Kent Edney said the company is excited to be drilling on Provost property again.
"The success of our 16-34 and 13-6 wells on our land, combined with the successful wells on the offsetting operators land, have shown that Nextraction’s Provost Viking pool has the potential to develop some of the top Viking producers in the area," Nextraction added.
