Open Range Energy Reports Significant Well Results
Open Range Energy Corp. (ONR.TO), which closed yesterday's session just a cent above year low $1.59, announced today that its most recently completed horizontal well targeting the Notikewin Formation at its core Ansell/Sundance Deep Basin property has achieved an initial 7-day production rate IP7 of 7.0 mmcf per day plus natural gas liquids at a casing pressure of 12,400 KPa.
The company said this adds approximately 1,230 boe per day in net production and increases its current production to approximately 6,000 boe per day.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.