Arsenal Energy Inc. (TSX: AEI) has completed its Evi winter drilling program. The drilling resulted in 5 new oil wells. The company also recompleted 3 existing wells. Total net production additions through the program are 175bbls/d. An additional 120bbls/d of net production from Evi is behind pipe and should be on stream by the end of March. The current corporate production is expected to be at around 2350bbls/d.
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Arsenal is a junior oil and gas company engaged in the exploration for, and development and production of, natural gas and oil reserves primarily in Alberta and North Dakota, U.S.A. Arsenal's common shares trade on the Toronto Stock Exchange under the symbol "AEI".
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