Mr. Tom Crain reports
TANAGER ENERGY ANNOUNCES ITS RAPTOR A #1 AND RAPTOR B #1 WELLS ARE FLOWING TO SALES IN POLK COUNTY, TEXAS
Tanager Energy Inc.'s Raptor A No. 1 and Raptor B No. 1 wells in Polk county, Texas, were brought into production on Sept. 13, 2017, and Sept. 12, 2017, respectively, upon completion of the gas sales lines.
The Raptor A No. 1 well was brought into production at an initial flow rate of approximately 650,000 cubic feet per day of natural gas on a 14/64ths-inch choke with a stabilized flowing pressure of 871 pounds per square inch. The Raptor B No. 1 well was brought into production at an initial flow rate of approximately 850,000 cubic feet per day of natural gas on a 14/64ths-inch choke with a stabilized flowing pressure of 871 pounds per square inch.
Tanager owns a 50-per-cent working interest in the Raptor A No. 1 well. Tanager owns a 75-per-cent working interest in the Raptor B No. 1 well until payout, at which time the working interest shall reduce to 50 per cent.
Tanager Energy is an oil and natural gas and mineral exploration company headquartered in Calgary, Alta., with executive offices in Houston, Tex. The corporation's common shares are listed on the TSX Venture Exchange.
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