• Calima has so far obtained very good results from the re-testing of the Calima #2 and Calima#3 wells. This could de-risk the initial development of the Montney with potential for production in 2024. This could also materially increase the likelihood of attracting an industry partner. Calima has been estimated to hold 2C contingent resources of 35.8 mmbbl of liquids plus 748 bcf of natural gas in the Montney.
• At the Calima#2 well, Calima was retesting the Middle Montney. The well was flowed a ....
15 Feb 2023
Calima Energy Ltd (ASX: CE1): Positive testing results opens the Montney
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Calima Energy Ltd (ASX: CE1): Positive testing results opens the Montney
• Calima has so far obtained very good results from the re-testing of the Calima #2 and Calima#3 wells. This could de-risk the initial development of the Montney with potential for production in 2024. This could also materially increase the likelihood of attracting an industry partner. Calima has been estimated to hold 2C contingent resources of 35.8 mmbbl of liquids plus 748 bcf of natural gas in the Montney.
• At the Calima#2 well, Calima was retesting the Middle Montney. The well was flowed a ....