Seven Generations Energy Ltd. (TSX:VII) is optimistic for 2017. “Growth for 2017 is underpinned by a rigorous plan built on continue strong well performance that is meeting or exceeding well production type curves I the Kakwa River project,” says Marty Proctor, president and chief operating officer. “Thorough business and investor communication are at the core of Seven Generations’ service to stakeholders.”
The company has significantly increased its average two-year production and condensate yields. In 2016, it had 46 wells producing 4,573 mmcf/d of gas, 564 bbl/d of condensate. Its total production averaged 117,500 boe/d in 2016, a 95 per cent increase over 2015 production, at a cost of just under one billion dollars.
#oil #drilling #SevenGenerations #well #Kakwa #TheRoughneck #Roughneck
