09:55 AM EST - Madalena Energy Inc. : announced the results of a three-day production test of its most recent 100% working interest horizontal Ostracod oil well located at 1-32-55-7W5M in the Paddle River area of west-central Alberta. The well reached a total depth of 3,250 metres, including a 1,380-metre horizontal trajectory. Completion operations included a 16-stage multi-frac program where a total of 4,800 barrels of water-based load fluid were pumped. The well was subsequently production tested for three days during which time the well flowed continuously and recovered a total of 3,120 barrels of load fluid (representing 64% of the pumped volume). During the 3 day test, the well flowed at an average rate of 877 bbls/d of 30° API oil and 1.007 mmscf/d of natural gas for a total of 1,045 Boe/d (84% Oil). Madalena Energy Inc.
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