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Calgary, Alberta–(Newsfile Corp. – November 20, 2023) – Resolute Resources Ltd. ( TSXV: RRL ) (“ Resolute ” or the “ Company “) is pleased to announce that the rig, Precision Drilling Rig #141, is being mobilized to the 14-19-83-23W5 drill pad this week. The RESOLUTERESLTD HZ ANTHONY 11-24-83-24 is planned to Spud on November 23 rd , 2023. The well is expected to take ten days to reach total depth (“TD”). Following reaching TD, a production test is to be performed. Production results should be available approximately 6 weeks following the completion of drilling. About Resolute Resources Ltd. Resolute is an energy corporation trading on the TSXV under the symbol RRL. Resolute has projects in Northwest Alberta and Northeast British Columbia, where it is exploring shallow cretaceous sandstone reservoirs that can be exploited with Multi-Lateral Open Hole wells. Resolute has accumulated just under 35,000 acres in its GFD light oil project in Northwest Alberta and approximately 10,000 acres at its Evie project in Northeast BC. Resolute is pursuing projects that are high in environmental social and governance metrics, that result in lower emission oil and low water use due to no hydraulic fracturing, but that provide high economic […]
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