Mr. Alexandre Gagnon reports
PETROLIA: WORK RESUMES AT HALDIMAND 4 SITE
A production pump arrived at Petrolia Inc.'s Haldimand 4 site on April 24. The installation of the pump began today and will be completed during the week. The pump will initially be used to complete well-cleaning operations.
The well has already been opened twice to prepare for the installation of the pump, once on March 20 and a second time on April 24. The first well opening, mainly planned to pursue well cleanup by natural flow, allowed the verification of the production separator before pump installation. The opening of the well on March 31 has enabled the production of 10.2 cubic metres (64 barrels) of light crude oil by natural means and of an additional 17.31 cubic metres (109 barrels) since the reopening on April 24.
The opening of the well from April 24 to the April 27 helps both reduce the pressure at the wellhead to allow for the installation of the pump in a safe and secure manner by using the safety valve in the rods as well as the equipment already present at the wellhead.
The pump will help continue the cleanup of the remaining drilling mud and help with the evaluation of the well potential in order to plan the next steps, which is to either undertake production tests or plan further cleanup operations before initiating production tests. This rigorous science-based process will ensure that the right decisions are made at each stage for an eventual production start-up at this site.
A total of 120.4 cubic metres (757 barrels) of drilling fluids mixed with light crude oil was already recovered during the short-term evaluation test, including 54 cubic m of oil (340 barrels) of light crude oil between Feb. 3 and Feb. 15.
This first horizontal well was drilled without hydraulic fracturing between Nov. 25 and Dec. 30, 2014. Buildup and production data analysis have been used to plan the current stages.
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