Seven at Keg, One at Slave: Oil and Gas on the Way for JED

JED Oil has now completed the drilling of nine of their fifteen well winter drilling program in the Steen area of northern Alberta, resulting in seven Keg River oil wells and one Slave Point gas well. Three of the Keg River oil wells commenced production in late December. The remaining four Keg River oil wells are expected to be on production by February 1, 2008. The Slave Point Gas well, as well as a previously drilled Slave Point gas well, are expected to be on production by February 15.

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