• The K‑46 horizontal well has delivered an excellent result, flowing at rates of up to 18.3 mmcf/d. It has been choked back to a stable 15.5 mmcf/d to mitigate the risk of gas‑hydrate formation.
• The flowing pressure of 1,235 psi is very high. With an initial reservoir pressure of 2,695 psi—only 9% below virgin conditions—the data confirms that the pool remains largely undrained. The well’s absolute open‑flow potential is estimated at 67 mmcf/d.
• The well is expected to be brought onstream n ....
09 Apr 2026
Condor Energies Inc. (TSX: CDR): Very high flow rate at latest hz well boosts reserves, production and exploration upside.
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Condor Energies Inc. (TSX: CDR): Very high flow rate at latest hz well boosts reserves, production and exploration upside.
• The K‑46 horizontal well has delivered an excellent result, flowing at rates of up to 18.3 mmcf/d. It has been choked back to a stable 15.5 mmcf/d to mitigate the risk of gas‑hydrate formation.
• The flowing pressure of 1,235 psi is very high. With an initial reservoir pressure of 2,695 psi—only 9% below virgin conditions—the data confirms that the pool remains largely undrained. The well’s absolute open‑flow potential is estimated at 67 mmcf/d.
• The well is expected to be brought onstream n ....