Rolling Thunder Finds New Pool at Teepee Creek
Rolling Thunder Exploration Ltd. has discovered a new pool at Teepee Creek, Alberta. The discovery well, drilled approximately one mile north of the Corporation's existing production, tested both oil and gas from the Doig formation.
Over a three day test, the well flowed oil at an average rate of 100 barrels per day and gas at an average rate of 750 Mcf per day. The Corporation paid 100% to earn a 60% interest in the well and two sections of land. This new pool is covered by Rolling Thunder's 3D seismic.
Rolling Thunder's drilling and completion operations are currently shut down due to break-up. Post break-up, the Corporation anticipates further evaluation of the new pool and the drilling of up to five wells in the Teepee Creek area.