10:06 AM EST - Canext Energy Ltd. : said it commenced production in two new oil wells at Sweeney. The wells are currently producing at a restricted combined rate of approximately 230 bopd. The company is monitoring well performance and has plans to gradually increase production. Total oil production from the Sweeney pool now exceeds 320 bopd. Canext is proceeding with plans to drill 1-2 more wells at Sweeney prior to year-end. Canext Energy Ltd.
shares V.CXZ are trading up 4.11 percent at $0.38.
