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


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Documented Processes: Key to Successful Unconventional Wells

During the preceding prolonged Oil boom with Crude near $100/bbl the Unconventional Oil & Gas...

Choosing video wall technology based on your priorities

With several display technology options on the market, we want to help you understand which solut...

Overcoming ICS Management Challenges

Customers confirm they save 80% of their time identifying, analyzing, and reporting ICS cybersecu...

Latest Energy Jobs

View more Job Listings >>

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