Solara Energy Ltd., Calgary, (TSX: SAA) has reported that the company expects that the equipping and tieing-in of the horizontal well located at 16-9-45-5W5M for oil and gas production from the Cardium formation at its Buck Lake (Pembina) project will be completed in the next two days and anticipates that the well will be on full production by the weekend.
Solara is planning on commencing the drilling of a horizontal test well within the next three weeks to evaluate the Cardium oil and gas potential on a prospect located approximately six miles to the northwest of its current Buck Lake (Pembina) working interest projects in sections 9 and 17-45-5 W5M.
The company will continue to report on the production, testing and drilling results of these wells once it has completed the various operations.
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