New oil well for Strongbow Resources

Source: Strongbow Resources Inc.

Strongbow Resources Inc. (OTCBB: STBR.OB) ("Strongbow" or "the Company"), announces its plan to drill a well at 5-29-33-2W4 as part of a farm-in earning eight sections of land (the "Lands"). The well will target the Viking Formation and test the Bakken Formation. The decision to complete the well horizontally in either zone will be based upon review of core and log data. The Company intends to operate the well in the name of Big Lake Energy Ltd. Upon well completion, the Company will earn a 100% working interest in the well and the Lands. Future production will be subject to a sliding scale royalty to the farmor and Alberta Crown Royalty. The well (Big Lake Compeer 5-29) will likely spud in the month of April depending upon road bans and rig availability.


Sign up for PennEnergy's eNewsletters
For Email Newsletters you can trust

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Marketing you can trust

Weekly Newscast

 

Whitepapers

Energize Your Most Vital Business Relationships: Advanced Contract Lifecycle Management in the Oil and Gas Sector

In today’s more dynamic and globalized energy marketplace, formal contracts define nearly every b...

Improve Accuracy and Reduce your Lease Operating Expense and Risk in Upstream Oil & Gas Production

In this whitepaper, we will address both the technical approach to achieving the highest possible...

Infographic: Smart Process Applications for a Mobile Workforce

In partnership with PennEnergy Research, OpenText surveyed energy companies in the oil and gas, p...

Survey Report: Smart Process Applications for a Mobile Workforce

In partnership with PennEnergy Research, OpenText surveyed energy companies in the oil and gas, p...

Latest Energy Jobs

View more Job Listings >>

Technical Digest

 

Archived Articles

PennEnergy Articles
2008 | 2009 | 2010 | 2011 | 2012 | 2013

OGJ Articles
2011 | 2012 | 2013

OGFJ Articles
2011 | 2012 | 2013

Power Engineering Articles
2011 | 2012 | 2013

Power Engineering Intl Articles
2011 | 2012 | 2013

Utility Products Articles
2011 | 2012 | 2013

HydroWorld Articles
2011 | 2012 | 2013

COSPP Articles
2011 | 2012 | 2013

ELP Articles
2011 | 2012 | 2013