In analyzing the results Michael Morgan, Director of Analytics at GLJ Petroleum Consultants in
Calgary commented;
“In reviewing the test results, it looks like the Calima-2 well is going to meet its primary objective in
matching or exceeding the performance of adjacent wells. Gas and light oil or condensate flow rates
compare very favourably with the peer group at this early stage of testing.
The condensate recovery rates are typical for wells in the liquids rich zone of the Montney and the liquid
chromatography results are also typical for condensates recovered from wells adjacent to the Calima
Lands”.
Ann: Production above 4,500 boed & Q1 2022 program commenced, page-23
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