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| Home : Anterra Energy Provides Operations and Financing Update |
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Jan 16
2013 |
Anterra Energy Provides Operations and Financing Update |
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CALGARY, ALBERTA--(Marketwire - Jan. 16, 2013) - Anterra Energy Inc. (TSX VENTURE:AE.A) ("Anterra" or the "Company") announces that the horizontal Cardium well at LSD 09-17-45-5W5M in the Pembina (Buck Lake) area of Alberta was placed on production on December 28, 2012. The well continues to flow and, for the first 14 days of January, produced at average rates of 470 barrels of oil equivalent per day (boepd) comprised of 300 barrels of oil and 1,015 mcf of gas per day. As of January 15, 2013, the well continues to produce approximately 385 boepd at a tubing pressure of 3,000 kpa. Anterra holds a sixty percent (60%) working interest in the well and the balance of Section 17. Initial production levels for this well may not be reflective of sustainable production rates and future production rates may differ materially from the production rates reflected in this press release. |
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| Source:http://www.marketwire.com/mw/release.do?id=1746310&sourceType=3 |
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