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Alberta Basin Bakken
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ROSE comments on SAB in 2Qnr -- Expanded Southern Alberta Basin horizontal drilling program --
Rosetta initiated a three-well horizontal drilling program during the second quarter of 2011 that will continue to test the commerciality of the play. The first horizontal well was spud in the second quarter and drilling operations are now underway on the second and third wells. Rosetta plans to expand the horizontal program to include an additional four wells to be drilled by year end. During the first half of 2011,
Rosetta completed eight vertical delineation wells on its approximately
300,000 net-acre position in northwest Montana. In total, eleven
delineation wells have now been tested. All have encountered oil from
multiple reservoirs that produced varying quantities of oil and gas. The
vertical delineation wells span a wide area and test results have
varied. Based on this variability, some areas of the play will have a
higher chance of commerciality than others. While not all vertical
testing is complete, production from testing only the Bakken reservoir
resulted in an average seven-day rate from all well tests of 22 BOPD and
associated gas from these single stage vertical completions. -------------------------------------- I
suspect they may start to talk more about the play tomorrow morning.  08-09-11Second Quarter 2011 Conf. Call August 9, 2011; 10am Central (click here)
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| Msg # | Subject | Author | Recs | Date Posted |
| 119 | Re: ROSE comments on SAB in 2Qnr | Maelstrom | 8/10/2011 2:17:00 PM | |
