Arsenal Energy Inc. Releases Operational Update
CALGARY,
December
01,
2011--
Arsenal
Energy
Inc.
(TSX:
AEI)
(PNK:
AEYIF.PK)
At
Stanley,
North
Dakota,
the
Arsenal
operated
Gjoa
Lynn
(59%
WI)
Bakken
well
has
been
completed
and
tested.
The
well
flowed
at
960
bbls/d
of
oil
on
a
28/64
choke
with
775
lbs
pressure
over
a
24
hour
period
and
has
been
turned
over
to
continuous
production
operations.
Arsenal
has
begun
lease
construction
on
the
Anthony
Robert
(80%WI)
and
Wade
Morris
(80WI
%)
two
mile
Bakken
horizontal
locations.
Also
at
Stanley,
Arsenal
anticipates
spudding
the
Anthony
Robert
by
the
end
of
January
and
the
Wade
Morris
shortly
thereafter.
At
Edgerton,
in
Southeast
Alberta,
Arsenal
has
finished
drilling
the
12--20
Leduc
horizontal
well.
The
well
encountered
good
shows
while
drilling.
Completion
operations
should
commence
in
the
second
week
of
December
and
results
will
be
released
when
available.
To
receive
company
news
releases
via
e--mail,
please
advise
info@arsenalenergy.com
and
specify
“Arsenal
Press
Releases”
in
the
subject
line.
For
more
information
please
contact
Tony
van
Winkoop,
President
and
Chief
Executive
Officer
or
J.
Paul
Lawrence
Vice
President,
Finance
and
CFO
of
the
Corporation,
1900,
639
–
5th
Avenue
S.W.,
Calgary,
Alberta,
T2P
0M9,
by
telephone
at
(403)
262--4854,
by
fax
at
(403)--265--6877,
by
Internet
at:
www.arsenalenergy.com
or
by
e--
mail:
info@arsenalenergy.com.
Advisory Certain statements and information contained in this press release, including but not limited to
These posts are not to be used as investment advice.
