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

Whitepapers

How Mobility Can Drive Shorter Estimated Time for Restorations (ETRs)

Utilities must be prepared to deal with storms, floods, and other catastrophic events that are to...

Rise of the Machines- how to make a successful smart meter roll out

Installation of smart meters is a growing global trend in the utilities industry. By 2020, it is ...

Improve accuracy & reduce your lease operating expense

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

Substation Communications Design Legacy to IEC 61850 Best Practices

Two trends, the migration of the electrical grid to the “Smart Grid” and the adoption of Ethernet...

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