Calgary-based Donnycreek Energy Inc. (Toronto Venture: DCK) reports that all three 50% working interest wells 2-18-63-5 W6M, 8-20-63-5 W6M and 9-20-63-5 W6M from the ccompany's first three-well pad (7-19 Pad) have been successfully completed and flow tested.
Each of the new wells from the 7-19 Pad were drilled with lateral lengths that extend approximately 1,900 metres which are all longer than wells previously drilled on the company's Kakwa acreage. The new wells have been flowed for an extended clean up period to recover the completion fluid used in the hydraulic fracture stimulation operation and to measure the initial gas and lease condensate rates.
The new wells are currently being equipped for production start up in September 2014, however, the company has been advised that the midstream gas plant operator has scheduled a 16-day plant turn-around in mid September that is anticipated to cause all company Kakwa production to be shut in for the duration of the turn-around. Therefore the new wells may not be fully producing until October 2014. Donnycreek will release 30-day IPs for the new wells in due course.
The company continues to utilize a second drilling rig to drill additional Montney horizontal wells on its Kakwa acreage. One rig is currently drilling the second of two horizontal Montney wells from a surface location at 1-25-63-5 W6M. The second rig is drilling a horizontal Montney well at 1-14-63-6 W6M.
Donnycreek has been advised by the operator that it is currently scoping and designing an expansion of the 16-7 facility (50% working interest). The expansion will essentially double throughput capacity of the 16-7 facility to 30mmcf/d natural gas and associated liquids, with a targeted start up by spring 2015.
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