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BNK Petroleum Inc. Completes Drilling Brock 4-2H Well
Posted on Tuesday September 18, 2018
CAMARILLO, CA, Sept. 18, 2018 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is pleased to announce that it has successfully drilled and cased the Brock 4-2H well (77% working interest) in the Company's Caney shale oil acreage in the Tishomingo Field which is located in the SCOOP region in Oklahoma. The completion of the Brock 4-2H well is being scheduled to commence after the casing has been set in the Anderson 1-5H10X3 well, to avoid the frack interfering with the drilling of the Anderson well. The two companies are working on co-ordinating the scheduling of simultaneous fracture stimulations once the Anderson well drilling rig has been released.
BNK Petroleum Inc. Spuds Brock 4-2H Well
Posted on Monday August 27, 2018
CAMARILLO, CA , Aug. 27, 2018 /CNW/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is pleased to announce that its 2018 drilling program is continuing with the drilling of the Brock 4-2H well in the Company's Caney shale oil acreage in the Tishomingo Field which is located in the SCOOP region in Oklahoma . BNK is the operator of the Brock 4-2H well with a 77% working interest. A major oil company, who is the offset operator and owns the remaining working interest, elected to participate in this well. The rig has moved in, rigged up and is drilling. The Company will utilize its existing cash flow for its share of the costs. At the current price of oil at over $68 USD a barrel, our incremental netbacks for these wells are estimated to be over $37 USD a barrel, which represents a substantial contribution to the Company's cash flow.
BNK Petroleum Inc. Announces Second Quarter 2018 Results
Posted on Thursday August 09, 2018
All amounts are in U.S. Dollars unless otherwise indicated: TSX ticker symbol; BKX OTCQX ticker symbol; BNKPF CAMARILLO, CA , Aug. 9, 2018 /PRNewswire/ - SECOND QUARTER HIGHLIGHTS Average production for ...
BNK Petroleum Inc. Announces Operations Updates
Posted on Tuesday July 10, 2018
CAMARILLO, CA , July 10, 2018 /CNW/ - BNK Petroleum Inc. (the "Company") (TSX: BKX) is providing an update on its operations. The Company is continuing its 2018 drilling program with the Brock 4-2H well. BNK is the operator and has a 77% working interest in the Brock 4-2H well. A major oil company, who is the offset operator and owns the remaining working interest, elected to participate in this well. The Company has built the location and is currently finalizing the rig contract. The Company will utilize its existing cash flow for its share of the costs.