Saskatchewan

An undisclosed operator took a farmout from Second Wave Petroleum Inc., Calgary, on 11,840 acres in the north Tableland area of southeast Saskatchewan.

By OGJ editors
HOUSTON, June 16
– An undisclosed operator took a farmout from Second Wave Petroleum Inc., Calgary, on 11,840 acres in the north Tableland area of southeast Saskatchewan.

The operator will spud a horizontal Sanish oil well by August 15, 2010, and pay all costs to earn a 60% working interest in 9 sq miles. It will have the option to spud a second horizontal well by Nov. 15 on the same terms to earn 60% in the remaining acreage.

The operator is experienced in drilling Sanish horizontal oil wells in the area, the most recent of which exceeded 180 b/d over 30 days.

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