Xcite Reaches TD at Bentley Well

Xcite Energy announced that the 9/3b-7z well has reached target depth of 9,646 feet (measured depth) on the Bentley Field.

A reservoir section in excess of 2,000 feet has been drilled with 100 percent net pay and sand control screens have been run successfully. The top reservoir, at 3,609 feet true vertical depth, is higher than previously encountered in any part of the field to date, thereby giving an oil column depth of approximately 121 feet Geo-steering was again used successfully in the reservoir section to place nearly 100 percent of the wellbore in the target range of within 5 feet to 12 feet from the roof of the reservoir.

The remainder of the planned operations, including installation of the smart completion equipment (enabling individual laterals to be flowed, co-mingled or shut-in), the down-hole pumps and commissioning of the processing equipment will now be undertaken prior to the production test commencing.

Steve Kew, Exploration and Development Director, commented: "We are pleased with the work program to date and this marks the end of the drilling phase as the rig operations now focus on the completion and preparation for production testing, with the upper lateral now ideally positioned as the first production well for Phase 1B of the Bentley development program. The additional oil column encountered will be assessed and modeled in due course, and augurs well as we move ahead with the work program towards first oil on Bentley."


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