03:27 PM EST - Granite Oil Corporation : announced the test results of its southern Alberta Bakken horizontal well at 3-29-3-16W4, being the first well it has drilled since the completion of the Arrangement on May 15. The 2,280-metre lateral section was completed with a 30-stage, nitrified water fracture stimulation using a cemented sliding sleeve completion. At the end of a five-day production test, the well continued to flow at approximately 760 bbls/d of 30° API oil and 230 Mscf/d of natural gas at a flowing wellhead pressure of 65 psi. Granite Oil Corporation
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