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PRAIRIE PACIFIC ENERGY CORP. UPDATESFLATROCK PROJECT SECTION 26-84-17 W6M 2-26-84-17 W6M

 VANCOUVER, British Columbia, Nov. 30 ~PRNewswire~ -- Prairie Pacific Energy Corp. (NASDAQ: PRPEF; Alberta: PRP) ("Prairie Pacific") as joint-operator of the 2-26-84-17 W6M Halfway test, announced today that after logging and testing, production casing has been run and the well is currently awaiting completion.
 The company intends to complete using the Lance Penetrator Tool, a recently developed completion technique which entails the use of high pressure penetration equipment. The use of this technique in other areas have been very successful resulting in a waiting list for the service.
 The 2-26 well offsets the 10-26 and 6-26 wells which have a combined capacity exceeding 330 bbls~day. Allowables for both wells are 130 bbls~day. Production from the 2-26 well is expected to be comparable with the existing wells.
 Prairie Pacific has a 27.56 percent BPO and 23 percent APO working interest in the 2-26 well.
 The wells on Section 26 are fully serviced by the company operated battery and processing plant located at 10-26. The facilities are tied in to the Westcoast Transmission Sales Line which handles any associated gas produced concurrently with the oil.
 Prairie Pacific is a junior oil and gas exploration and development company, with producing properties in Alberta and British Columbia in Canada and in Montana, North Dakota and California.
 The company's shares are traded through the facilities of NASDAQ (Symbol: PRPEF) in the United States and the Alberta Stock Exchange (Symbol: PRP) in Canada. Prairie Pacific is also listed in Standard & Poor's Corporate Records.
 -0- 11~30~92
 ~CONTACT: R. Todd, president of Prairie Pacific Energy, (Vancouver) 604-684-2356 or (Calgary) 403-262-9310~
 (PRPEF)


CO: Prairie Pacific Energy Corp. ST: British Columbia IN: OIL SU:

JL -- LA017 -- 2003 11~30~92 14:45 EST
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Publication:PR Newswire
Date:Nov 30, 1992
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