Enegi Oil
Our mission is to drive value through the identification and acquisition of oil and gas assets that can be rapidly developed into production. Our vision is to become the leading junior oil and gas company in Atlantic Canada.
Our approach is to develop our assets profitably while recognising that we have a role to play in the development of the communities in which we work and the protection of the environment in the regions where we operate.
Enegi Oil plans to flow-test Garden Hill South well in January
Enegi Oil said it plans to conduct a flow test of its PAP#1-ST#3 well at the Garden Hill South property later in January and move the well into production shortly afterwards. On January 3, the well was brought on line for clean up prior to the flow test and on January 4 it produced 460 barrels of oil and natural gas of 236 barrels of oil equivalent.
Following clean up, which is ongoing, the well will be shut in briefly to allow the pressure in the reservoir to recover.
Garden Hill South is an onshore oil discovery in Newfoundland that is 100 percent owned and operated by PDI Production Inc, Enegi’s Canadian operating subsidiary. Previous production tests from Garden Hill South to date have produced over 24,000 barrels of high quality crude.
Other Enegi Oil articles
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Other Enegi Oil news
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20/11/09 Enegi Oil completes interest swap with Canadian Imperial Venture Corp to gain access to St George Oil Play
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03/11/09 Enegi Oil resumes operations at PaP#1-ST#3 oil well at Garden Hill South
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01/10/09 Enegi Oil to resume production from PaP#1-ST#3 well, shares soar
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17/07/09 Enegi Oil unit PDI restructures debt, company still exploring farmouts and acquisitions
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15/05/09 Enegi Oil CEO Thom Board resigns for personal reasons
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31/03/09 Enegi Oil expects outcome of business review soon, CFO steps down
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24/03/09 Enegi Oil reshuffles board, Thom Board to take CEO role
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09/02/09 Enegi Oil shuts in test well at Garden Hill South
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19/12/08 Enegi Oil completes horizontal well at Garden Hill South
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25/11/08 Enegi Oil starts drilling target formation at Garden Hill South
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