Life in Phat City, Montana: Wind River Energy Updates Drilling Schedule

Wind River Energy Corp announced today an update to the expected drilling schedule at the Company’s 56,785 acre Phat City oil project in Montana. The expected drill date for the second well has been delayed until approximately May 5, 2012 by the drilling contractor in order to accommodate their customers that preceded Wind River on their operations schedule.

Wind River has now received a permit for drilling and is building the drilling pad for the second well this week, in case the rig becomes available earlier.

The well is designed to individually test two benches of the Nisku formation and will also be configured to test the Bakken/Three Forks formation at a later date. This drilling location was selected with the benefit of seismic data acquired earlier this year. “We expect this well to help us optimize the drilling and completion strategies to be utilized to develop a multi-pay oil field,” said Alan O’Hare, CEO, Wind River Energy Corp.

Wind River is an oil and gas acquisition, exploration and development company with a focus on domestic energy projects within the United States. Wind River has two gas projects in Wyoming and three oil projects located in Colorado/New Mexico, Kansas and Montana. In total, Wind River holds 67,745 gross acres of leased oil and gas properties, giving the company ownership of resources in the Bakken / Three Folks, Nisku, Niobrara, Greenhorn, Mississippian and other formations.

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Author: montanaoilreport

After my first job at a newspaper -- delivering papers for the Jackson (TN) Sun, ink was in my veins. Since the 1970's I've worked in every area of the Printing and Publishing industry, with most of that time spent in the pressroom. In 2008 I moved to Montana and purchased the Sun Times of Fairfield (fairfieldsuntimes.com). In 2011 I realized that most media outlets were either ignoring, or attacking, the growing oil and gas industry in Montana, so I started the Montana Oil Report as the source of information on this important industry.

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