By OGJ editors
HOUSTON, Nov. 21 -- Gentry Resources Ltd., Calgary, said a well drilled in the Pekisko formation within the Princess exploration area of southern Alberta encountered a net pay interval of 12 m within a gross pay column of 40 m.
The discovery well is 8 miles south of Gentry's existing Tilley-to-West Tide Lake Pekisko oil fairway.
On test, the well flowed for 8 hr at the equivalent of 925 b/d at a flowing pressure of 200 psig. Gentry Resources expects to install a temporary battery by early December, and the well is expected to produce at a restricted initial well allowable rate of 125 b/d.
Two more exploratory wells are to be drilled in December, 15 miles south of the discovery well, to test another possible oil fairway. Five additional exploratory wells in the block are planned for the first quarter of 2007.
