Monumental Energy Reports Initial Flush Production of 3000 Barrels and a Stable Unstimulated Flow Rate of 300 Barrels a Day at Ngaere2

Image for article Monumental Energy Reports Initial Flush Production of 3000 Barrels and a Stable Unstimulated Flow Rate of 300 Barrels a Day at Ngaere2
News Source : Financial Post

News Summary

  • Monumental Energy Corp. (TSX-V: MNRG; FSE: ZA6; OTCQB: MNMRF) is pleased to announce a better-than-anticipated, stable, unstimulated flow rate of 300 barrels a day from the Ngaere-2 well.
  • Six additional wells are in the pipeline and permitted.
  • Monumental Energy along with NZEC as operator and its co-venturer L and M have estimated that 1000 boe/d is possible.
VANCOUVER, British Columbia Monumental Energy Corp. (Monumental or the Company) (TSXV MNRG; FSE ZA6; OTCQB MNMRF) is pleased to announce a betterthananticipated, stable, unstimulated flow rate [+6796 chars]

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