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Thursday, August 18, 2011

Entek to Test Ops at Niobrara Shale Program

- Entek to Test Ops at Niobrara Shale Program

Thursday, August 18, 2011
Entek Energy Ltd.

Entek provided an update on the Niobrara Shale Oil Project Appraisal Program in the Green River Basin.

Battle Mountain 14-10L – The Frontier (secondary objective) test program will be initiated within the next 10 days. The Niobrara (primary objective) completion program, which includes testing and fracture stimulation of the potential Niobrara pay zones, is scheduled to start in September 2011.

Slater Dome (SD) Federal 24-9DL – The well is currently drilling ahead at 3,200 ft after successfully setting casing at 2,520 ft. The planned total depth of the well is 8,627 ft.

Entek holds a 55% interest in the Green River Basin Joint Venture (GRBJV) with Emerald O&G holding 45%. Entek is the operator. The GRBJV now controls close to 80,000 gross acres, approximately 60,000 net acres, covering the Niobrara Shale Oil Play.

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