Molopo Canada’s oil production potential has reached a total of 900 b/d net.
Spearfish is contributing approximately 740 b/d net, with all seven horizontal wells drilled in Q1 CY10 now completed and on production. Bakken will contribute 130 to 290 b/d net, with three of six horizontals completed and on production and one additional well expected to commence production during June. One Bakken well has been shut-in indefinitely due to high water cuts.
21 June 2010
Molopo Increases Canadian Oil Production and Commences Significant New Oil Drilling Programme
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