In one of last week’s daily bulletins, Nickle’s Energy Group discussed the Western Canadian Sedimentary Basin, where one of Unbridled Energy’s projects is located. Many of the previous wells drilled in the past have taken place at depths shallower than 6,000, which offers great opportunity for further exploration.
The growing demand for natural gas is forcing the industry to develop new sources of supply, and the latest technology has enabled Unbridled Energy to drill further into the earth and tap into new reserves.
In an earlier press release the President & CEO, Joe Frantz, stated, “In Canada, our opportunities continue to grow. We are now in control of tying in our existing two wells and drilling on our third well in the Chambers area, scheduled for this summer. These are all critical steps in achieving our projected production and revenue.”
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