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HomeFinTechCalima Energy: Completes 80 pc of drilling at Brooks wells, Canada

Calima Energy: Completes 80 pc of drilling at Brooks wells, Canada

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Calima Energy Completes 80 pc of drilling at Brooks wells, Canada

  • Calima Energy (CE1) nears completion of its drilling operations for this year at its Brooks asset in Alberta, Canada
  • Drilling of the Sunburst wells, three Gemini wells, and one Glauconitic well, Pisces 6, is complete with the Pisces 7 well in progress
  • Of the completed wells, Gemini 10 has been on production for the past three weeks and according to the company, the rates are meeting its budgeted type curve
  • Meanwhile, Gemini 11 began production today, Gemini 12 is due to begin in a matter of days and the two Pisces wells are scheduled for production testing in late December
  • Shares in CE1 last traded at 13.5 cents at 2:28 pm AEDT

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