.png)
CALGARY, AB, Jan. 23, 2023 /CNW/ – Kiwetinohk Energy Corp. ( TSX: KEC ) today announced its 2022 fourth quarter production, Green Energy and financial results update as well as a drilling summary. The company plans to release its 2022 year-end financial results and 2022 reserve report prior to TSX market open on Wednesday, March 8, 2023. Kiwetinohk Energy Corp. Logo (CNW Group/Kiwetinohk Energy) Operational update Fourth quarter 2022 production sales averaged approximately 24.7 thousand boe/d, above previous November and December monthly guidance of 23-24 thousand boe/d. Full year 2022 production sales averaged approximately 17.9 thousand boe/d, above previous 2022 annual production sales guidance of 17.4-17.6 thousand boe/d. New wells spud during 2022 totaled 13 (11 Duvernay and two Montney) while new well tie-ins totaled 12 (10 Duvernay and two Montney) during the year. Recent drilling – the company drilled three additional Duvernay wells on Pad 04-34 where, as previously reported, the four original wells demonstrated strong results since commencing production in the fourth quarter. Completions activities on the three new wells are underway with a projected onstream date before the end of the first quarter. Kiwetinohk is currently drilling two Montney wells in Placid West with tie-in expected […]
CamTrader offers a preview only. View original article. boereport.com
