Located on the company’s 50% working interest lands, the well targets the Viking formation at a depth of 800m, and will include a 600m horizontal leg.
The first horizontal well in the firm’s 2012 capital program, which was announced on 4 July, flow tested 210 bbls per day of light oil over the final 24 hour test period.
The well is tied into Nextraction’s oil battery and the firm said daily oil production from the field has nearly tripled as a result of this well.
Canada-based Nextraction expects continued significant production and reserve growth over the coming months as it executes on its active capital program.
The oil and natural gas company engages in the exploration and development of oil and natural gas resources in the Western Canadian Basin.
