Berkley Petroleum Corp. announces preliminary production test results from the recent carstairs new pool wildcat discovery.CALGARY, Alberta--(BUSINESS WIRE)--Oct. 23, 1995--BERKLEY PETROLEUM (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :BKP BKP Bleached Kraft Pulp BKP Buchele & Kremer Produktivitätsberatung GmbH BKP Backup File BKP Breakpoint ) Berkley Petroleum Corp. is pleased to announce preliminary production test results from the recent Carstairs new pool wildcat discovery. The Mannville-BPC - Crossfield 1-8-30-1W5 well tested gas at a rate of 394,000 m3/day (14.1 million cubic feet per day) at a flowing pressure of 14,550 Kpa on a 13.1 mm choke on a 4 hour clean-up following perforation per·fo·ra·tion n. 1. The act of perforating or the state of being perforated. 2. An abnormal opening in a hollow organ or viscus, as one made by rupture or injury. Perforation A hole. on October 21, 1995. The 33 metre Mississippian Elkton pay section has not been stimulated. Flow rates during the test were restricted to meet the requirements of the AEUB AEUB Alberta Energy and Utilities Board flare permit. A total of 8.8 cubic metres of condensate was also recovered during the test. Further flow testing of the well is planned this week and the well will be shut in for pressure build-ups at the conclusion of the testing. Berkley will operate the tie-in and production of the well, an early 1996 start-up is currently envisaged. Berkley Petroleum has a 42.5 percent net working interest in the 1-8 well. -0- NOTE TO EDITORS: The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. has neither approved nor disapproved the information contained herein. CONTACT: Berkley Petroleum Corp. Michael L. Rose, 403/571-3600 |
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