Arrow Exploration CEO Marshall Abbott joined Steve Darling from Proactive to share news the company has announced they have brought the West Pepper Well which is located near Edson, Alberta, Canada, was brought on stream.
Abbott telling Proactive initial stabilized production rates are 6.2 MMscf/d of natural gas, or over 1,030 boe/d, at 7,214 kPa tubing pressure, 30,048 kPa casing pressure, and with no water production. The company is expecting to benefit from better pricing with Natural Gas pricing being approximately 30% higher than the 2021 Q3 average.