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DEI = Donnybrook Energy
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Donnybrook Energy Inc.: Montney Operations Update
Donnybrook Energy Inc.
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CALGARY, ALBERTA--(Marketwire - Aug. 1, 2012) - Donnybrook Energy Inc. ("Donnybrook" or the "Company") (DEI.V) provides an operations update on its Bigstone Montney formation, liquids rich natural gas resource play.
Donnybrook's Bigstone Hz 14-29-60-22 W5M Montney discovery well, which tested 4.3 mmcf/d and 295 barrels of NGL's (1,011 barrels of oil equivalent per day) from a 1,254m lateral, commenced production in mid June 2012 and during the first 42 days of operation the 14-29 well produced at an average rate of 1.61 mmcf/d (523 mcf/d net) and 72.8 bbls/d (23.7 bbls/d net) of condensate for a combined oil equivalent total of 341 boe/d (111 boe/d net). Further NGLs will be extracted during processing at the shallow cut plant and are estimated to be 30-35 bbls/mmcf of raw gas. Donnybrook has a 25% W.I. plus 10% GORR on 75% BPO/50% APO in the 14-29 well.
Donnybrook's Bigstone Hz 15-32-60-22 W5M well (DEI 50%) commenced production on July 16 and for the first 7 producing days has been producing natural gas, free condensate and NGLs which will be extracted during processing. The 15-32 well had technical problems during the completion and only 6 stages of the planned 23 stage frac were completed successfully. The well is currently producing and the initial production rates are encouraging. The well has averaged 1.75 mmcf/d (875 mcf/d net) with 153 bbls/d (76.5 bbls/d net) of condensate for a total of 445 boe (222 boe/d net). The current fluid production includes both load fluids and free condensate, as 100% of the load fluids have not been fully recovered to date.