Strategic Oil & Gas Ltd. Announces Next Phase of Development At Marlowe
May 18, 2016 at 01:38 am IST
Strategic Oil & Gas Ltd. announced that it is planning the next phase of development at Marlowe, which will include a capital spending program of about $15 million to $20 million in order to drill, complete and tie-in up to four Muskeg horizontal wells in the second half of 2016. Crews drilled a horizontal well about five kilometres south of existing Muskeg production at West Marlowe. Over the last 48 hours of a nine-day production test the well flowed at an average rate of 1,060 boe per day.