Manitok touts Cardium oil pool at Stolberg, Alta.

06/18/2012
Manitok Energy Inc., Calgary, has gauged its second new pool oil discovery at Stolberg in the Alberta foothills, where it is preparing to spud the seventh well in its current program. The second oil pool discovery has a 200 m horizontal leg and was not fracture stimulated. It is free flowing to surface at 1,340 b/d of 51° gravity oil plus associated gas. The well has recovered 19,568 bbl of oil and 8.5 MMcf of gas in 20 days. It averaged 912 b/d of light oil and gas at 65 bbl of oil equivalent in the first 3 days and 1,214 b/d of oil and 95 boe/d of gas in the last 3 days. It is common to see production improve initially with unstimulated conventional reservoirs versus up to 40% declines ...
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