DTX:ltä sekalaista

DeeThree Exploration Ltd. Announces Increased Production Rates and Expands 2011 Capital Program

CALGARY, ALBERTA--(Marketwire - Sept. 28, 2011) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES DeeThree Exploration Ltd. ("DeeThree" or the "Company") (TSX:DTX) is pleased to announce current corporate production rate of approximately 2,850 boe/d with the increase in volumes attributable to the production obtained from five gross (4.8 net) wells out of the 11 gross (10.2 net) wells drilled and completed year to date. OPERATIONAL HIGHLIGHTS: Test rates for the first two Brazeau Belly River wells were 275 boe/day (85% oil NGLs) and 100 boe/day (60% oil NGLs) both at 89.3% net working interest.

The 30 day average initial production rate on the Company's first 100% working interest Bakken well is 175 boe/d (80% oil NGLs with no associated water).

The fourth 100% working interest Bakken well is currently producing 173 boe/day (73% oil NGLs with no associated water). The Company reduced drilling and completion costs by over 40% on this well.

The 30 day average initial production rate on the Company's first horizontal Sunburst well is 160 boe/day (69% oil NGLs) at 100% working interest.

The Company is in various stages of testing or evaluating four of the other wells drilled year to date, one gross (1.0 net) Montney and three gross (2.4 net) Alberta Bakken wells. The Company abandoned one shallow gas well drilled in the Lethbridge area during the current quarter and is likely to abandon its first Montney well drilled in the Peace River Arch area due to higher than anticipated water production.

Bakken-kaivo on ok, kun huomio että tämä on yhtiön ensimmäinen. Reservit ehkä vähän reilu 100,000 boeta(nyrkkisääntöhän on että reservit=IP90x1000). Yhtiö ei ole juurikaan tarkemmin kommentoinut kuinka suuri kaivoinventaario yhtiön mailla, joten on mahdollista että tämä on vain jonkinlainen puoli-tavanomainen pooli.

Sunburst-kaivo on stimuloimaton ja se on huomattavasti lähempänä pintaa kuin "Bakken", joten kaivon kustannukset ovat varmaankin alle 2 miljoonaa dollaria.

Pari hutia tälläkin.