Saturn Minerals Completes Bannock Creek Oil Exploration Well, Canada
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Saturn Minerals Inc. has completed the oil exploration well at its Bannock Creek project.
A well head has been secured, a packer has been set at the top of the tested zones and the well has been shut in. All zones of interest were tested and the results of the completions program are being analyzed to determine the most efficient production methodology for the 9B-5 well.
Due to local ground conditions, road bans are now effective in the area of the 9B-5 well. The road bans are expected to be in effect for approximately 30 days.
“The potential of the Northern Williston Basin for conventional oil migration and pooling is more prolific than conventional wisdom says. The completions program has helped us to more fully understand just how prospective this part of the province is. With the information gained from 9B-5 we will strategically leverage this knowledge in our regional strategy for this area,” said Stan Szary, CEO of Saturn.
About Saturn Minerals
Saturn Minerals Inc. is a junior Canadian energy company advancing a portfolio of oil and coal properties in Saskatchewan and Manitoba. The company owns 376,800 acres of exclusive oil & gas rights in Saskatchewan and is advancing a number of oil exploration projects. Saturn has also made three shallow bituminous coal discoveries since 2009 with coal seams ranging in continuous vertical thickness from 9 to 89 meters. Saturn has a strategic ownership in Inowending Exploration & Development Corp., a First Nations owned exploration and development company co-founded by Saturn with a consortium of Saskatchewan First Nations active in Canada’s prairie provinces.
To stop by Saturn Minerals’ website, CLICK HERE
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