Well 13-12-35-8W5M (Infiniti 8.8% interest) was placed on production during May 2005. This well is the seventh consecutive producer in the current Ricinus program of drilling and recompletions, and the fifth in which Infiniti has participated.
Infiniti holds interests ranging from 8.2% to 20.89% in 29 sections in the area, a large portion of which is subject to a downspacing application for up to two Cardium wells per section. In this area, the Cardium formation is at depths of approximately 2,650 meters.
With this well on production, Infiniti's total production has now increased to an estimated 135 to 140 barrels of oil equivalent per day (boe/d). Drilling at Ricinus through the balance of 2005 and into 2006 has the potential to double Infiniti's production from current levels.
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