The Viking formation was tested for three days and flowed a total of 818 barrels of light oil.
The flow production averaged 202 barrels of clean oil and 82mcf of solution gas and rates were restricted through a 3/8 inch choke with draw-down estimated at 13%.
The well is 100% owned by the company and will qualify for the Alberta Government’s horizontal oil new well royalty rate of 5% for 24 months, to a maximum of 60,000 barrels.
The well was drilled from the same surface location as Sure Energy’s successful Viking oil well reported on 18 August 2010.
The company anticipates that both wells will come on production in early November when the construction of surface facilities and pipelines to handle the associated solution gas is complete.
The company owns 7 3/4 sections of 100% working interest lands in the Redwater North Viking play.
The company also completed the tie in of its 1-21-56-20W4M South Redwater well on 25 October and the well is now on production.
