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Calima Energy and CEO Jordan Kevol estimate that Pisces #6 and #7 will complete the cleanup process and be producing at very high levels within 30 days of initial production. Recently drilled sunburst holes (2.5 NET), namely Gemini #10, #11 and #12 are in production. The three wells are currently producing nearly 420 boe/d (gross) and 370 boe/d (net). In addition, the Gemini Q4 program achieved almost 35% higher production than the budgeted type curve over the first 30 days.
Calima Energy and CEO Jordan Kevol Uncover Latest Updates About Drilling Operations
CALIMA ENERGY (ASX: CE1) has announced the completion of the Pisces #6 and #7 drill programs. Both wells are currently undergoing a "cleaning" process and are pumping back fracking fluid that was injected into the reservoir during the breach.
They also produce hydrocarbons at high rates. CALIMA ENERGY AND CHIEF EXECUTIVE OFFICER JORDAN KEWALL also announced the commencement of the Pisces #8 and #9 drill programs, with the first drilled January 6 at Brooks Alberta. The last price of CALIMA ENERGY shares was 0.140 AUD.
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