Wind Rivers preps 2nd Phat City well

Wind River Energy Corp. plans to drill a second well in its 56,785-acre Phat City oil project in Montana in early May, the Denver-based company said April 11.

“We expect this well to help us optimize the drilling and completion strategies to be utilized to develop a multi-pay oil field,” Wind River CEO Alan O’Hare said.

The company originally expected to begin drilling in mid-March, but pushed back the date until May 5 because its drilling contractor needed to accommodate customers that preceded Wind River on its operations schedule. However, Wind River said it is currently constructing a drilling pad for the second well in case the rig is available sooner.

The well “is designed to individually test two benches of the Nisku formation and will also be configured to test the Bakken/Three Forks formation at a later date. This drilling location was selected with the benefit of seismic data acquired earlier this year.”

Wind River holds 67,745 acres among its two natural gas projects in Wyoming and three oil projects located in the Colorado/New Mexico area, Kansas and Montana.

—Eric Lidji

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