Prairie West Oil and Gas announces it has secured a drilling company for scheduled Twinning drill
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Prairie West Oil and Gas announces it has secured a drilling company for scheduled Twinning drill
Drilling set to begin before July 13th 2012
CALGARY, Alberta Canada/June 20, 2012 --Today Canadian energy producer Prairie West Oil & Gas is happy to announce that it has secured a drilling contractor for its scheduled Twinning drill. All indications point to the operation commencing before July 13th 2012.
Vice President Anthony Sarvucci: "Everyone that has been following Prairie West has been anticipating this drill for some time. The entire team here is excited that the company is one step closer to achieving this major milestone.
The contractor we have secured has a rock solid reputation of delivering highly productive results while remaining both on time and on budget. Through the use of state of the art equipment and world class training, it is our belief that the secured contractor will grant Prairie West the greatest chance of success.
Prairie is pleased that it has been able to secure the services of such a sought after company within such a tight drilling season and looks forward to the rapidly approaching date in which the Twining Project comes to fruition . "
At this time Prairie West would like to note that in keeping with the company's core company value of realizing savings whenever possible, it has made sure that the secured drilling contractor is in close geographic proximity to the Twinning project which will translate into a lower overall cost associated with the drill.
About Prairie West Ltd.:
Prairie West Oil & Gas is a producing energy company with both established production and assets within the center of Canada's highest reserve epicenters; the oil boom provinces of Alberta and now Saskatchewan. Prairie West operates under the notion that now is the time to take advantage of favorability priced acquisitions and joint ventures while constantly striving to reduce the cost of doing business. The goal is to build for the future while remaining focused on the short term profitability that rewards early shareholders.
The experienced team at Prairie West has the expertise and proven execution required for success in today's rapidly changing energy sector. This has been clearly demonstrated with the Maidstone acquisition, the more recent eleven well expansion located in close proximity to current production and a new 27 well producing gas play in Saskatchewan Canada.
Prairie West's primary long-term development project is strategically placed within the highly productive Twining area which is surrounded by major multi-national energy giants such as EnCana, Suncor and Devon Energy. This project is immediately adjacent to the enormous Twining Rundle/Mannville Pool with original oil in place of 1.013 billion barrels equivalent.
Leseranfragen:
Prairie West Oil and Gas
Gary Pearce
888 3rd Street SW Suite 1000
Calgary, Alberta T2P5C5
TEL. 403 444 6880 403 444 6880
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Datum: 20.06.2012 - 08:56 Uhr
Sprache: Deutsch
News-ID 158075
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