BNK Petroleum Inc. announces completion of Hartgraves fracture stimulation
Tuesday, Aug 15, 2017
BNK Petroleum Inc. (the “Company”) (TSX: BKX) is pleased to announce the completion of the fracture stimulation of the Hartgraves 1-6H well (100% working interest) which is located in BNK’s Tishiminogo field, in the SCOOP region of Oklahoma.
The fracture stimulation was successful, with 13 million pounds of proppant, or over 2,550 pounds per foot placed, on time and under budget.
The next step is to drill out the plugs and then begin the flowback of the well. The Company expects to have stabilized rates in September.
Commenting on the announcement, Wolf Regener, President and CEO, said “We are very proud of our operations team which has delivered our longest completed Caney lateral with the highest pounds per foot of proppant we have ever placed. We anticipate that this will lead to a highly productive well. The fracture stimulation provider is scheduled to return to complete the Brock 9-2H well in approximately the second week of September.”
About BNK Petroleum Inc.BNK Petroleum Inc. is an international oil and gas exploration and production company focused on finding and exploiting large, predominately unconventional oil and gas resource plays. Through its subsidiaries, the Company owns and operates shale oil and gas properties in the United States. Additionally, the Company is utilizing its technical and operational expertise to identify and acquire additional unconventional projects. The Company’s shares are traded on the Toronto Stock Exchange under the stock symbol BKX and on the OTCQB under the stock symbol BNKPF.
For more information, please visit:
http://www.bnkpetroleum.com