03:43 PM EST - Tuscany Energy Ltd. : announced that it has completed a drilling program of five horizontal oil wells and a water disposal well, all in Saskatchewan, increasing its current production average to a corporate record of 890 BOEPD. At Evesham, Tuscany has successfully drilled two (1.2 net) new horizontal wells on the west side of its Evesham oil pool. The wells were placed on production in early September and are currently producing approximately 100 BOPD per well. Tuscany owns a 60% interest in these wells and is the operator. Tuscany Energy Ltd.
shares V.TUS are trading down $0.01 at $0.54.
