MOUNTAINVIEW ENERGY LTD (the “Company”), a Canadian Public Company listed on the TSX VENTURE EXCHANGE today announces the work over of the Red Creek 14D-2/11A-2 well. This well was completed as a Madison Sun River Dolomite horizontal oil well. The well has two horizontal sections: one from 3,828′ to 4,845′ for a total horizontal section of 1,017′ and one from 3,151′ to 4,820′ for a total horizontal section of 1,669′. The 7″ production casing was set at 3,151′ with 450 sacks of Class G cement and the horizontal sections were finished as an open-hole completion.
The service contractor and service rig used on this project was the General Well Service Rig No. 12. The service company utilized for the re-work of the well was Schlumberger REDA out of Cody, Wyoming. Upon completion of this successful work over program the initial production of the 14D-2/11A-2 was 21 barrels of oil per day.
Mountainview Energy Ltd is an oil and gas exploration and production company, incorporated in British Columbia on May 31, 2000. The Company currently operates the Red Creek Field located south of the U.S./Canadian Border in Northern Glacier County, Montana. Mountainview Energy Ltd owns 100% Working Interest with a Net Revenue Interest of 90% in the Red Creek Field. The Company’s expertise is in the drilling, completion and production of oil and gas wells in the Rocky Mountains.
MOUNTAINVIEW ENERGY LTD
“Patrick M. Montalban”
Patrick M. Montalban
President & Chief Executive Officer
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