By OGJ editors
HOUSTON, May 15 -- A large US independent will exercise an option to join Junex Inc., Quebec City, Que., in an $8 million pilot project to evaluate gas potential in Ordovician Utica shale in the St. Lawrence Lowlands of Quebec.
Junex holds 143,395 acres of Utica shale lands in Quebec, of which the 15% lying between Quebec City and Montreal is dedicated to the project. First step is a frac job on the Becancour-8 well in July.
The undisclosed US partner, which Junex said has "renowned expertise in the development of unconventional gas plays," decided to exercise the option after analyzing 34.15 m of Utica shale core taken from the well.