Artek Exploration Ltd. Provides Drilling Results Update at Inga; Shares Just Below Day Highs

By Midnight Trader,  September 13, 2012, 01:06:47 PM EDT

Artek Exploration Ltd. (RTK.TO) has drilled and completed its fourth of a seven horizontal well program (60% working interest) planned for 2012 at 13-33-87-23W6 at the South end of its Doig natural gas and condensate pool in the Inga area of British Columbia.

The company said the well was drilled to a lateral distance of approximately 1,500 meters and was completed with a 14 stage propane fracture program and management is very encouraged by the results from this pool extending well.

RTK edged higher by a cent to $2.20, almost hitting day high $2.21.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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