Proactiveinvestors recommends
Pdf

Enegi Oil plans to flow-test Garden Hill South well in January

6th Jan 2009, 8:53 am 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.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.