Angle expects to drill a minimum of 20 development wells over the next 12 months in this area, and ultimately will drill contingent and exploration locations over a two year period. Angle has committed to a triple drilling rig on long term contract to execute the program. The Company is currently conducting operations in the Harmattan and Garrington areas on Angle owned lands outside of the farm-in.
Harmattan, Sundre and Crossfield are past areas of success for the Angle management group. Specifically, Gregg Fischbuch's significant gas discoveries during his tenure at Hillcrest Resources and TriGas Exploration and his knowledge in this area give Angle a technical advantage.
The farm-in area is characterized by multi zone, liquids rich gas reserves in close proximity to existing infrastructure, with year round access. "Coupled with our development program in the area, this project provides a major platform for accelerated growth." stated Gregg Fischbuch, President and CEO of Angle.
Most Popular Articles
From the Career Center
Jobs that may interest you