Talisman Energy, as operator, has recently spudded the first of three commitment wells under its farm-in agreement with Questerre in the St. Lawrence Lowlands, Quebec.
The wells will test multiple horizons including the Trenton Black River, Utica and Lorraine shale sequences. Upon earning, Questerre and its subsidiaries will hold a 25 per cent interest on this land, along with a 4.25 percent gross overriding royalty on production from Talisman.
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