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CS - Leucrotta flows 16 MMcfe/d from Upper Montney stepout - May 2019

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In what Leucrotta Exploration described as a major stepout, the northeast British Columbia-focused Montney player drilled and completed a horizontal Upper Montney well with materially higher production results than expected. The 8-22-81-14W6 well was drilled on Leucrotta’s Mica acreage in its Dawson focus area, 7.5 miles from the nearest horizontal Upper Montney producer. After testing on initial flowback for five days, the 8-22 well had a final flowrate of ~16 MMcfe/d. Along with 13.9 MMcf/d of 0.64% H2S gas and 50 bo/d of 42°API oil, Leucrotta expects NGL recovery of......
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