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Yangarra Resources and NCS Multistage Announce Record-Breaking Well in the Cardium Formation

NCS Multistage Holdings, Inc. (NCSM) 
Last ncs multistage holdings, inc. earnings: 3/2 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ncsmultistage.com
Company Research Source: GlobeNewswire
CALGARY, Alberta, Oct. 23, 2017 (GLOBE NEWSWIRE) -- Yangarra Resources Ltd. (“Yangarra”) and NCS Multistage Holdings, Inc. (Nasdaq:NCSM) (“NCS Multistage”) have completed a 135-stage well in the Cardium Formation in 116 operating hours. The well was completed in a single coiled-tubing run with 7.4 million lb (3,374 tonnes) of proppant placed and an average frac rate of 34.59 bbl/min (5.5 m3/min). The completion alternated between single- and double-casing joint spacing between fracture sleeves, enabling Yangarra to optimize the lateral section of the wellbore and better understand the impact of increased fracture intensity on stage isolation effectiveness. Shawn Leggett, Vice President of NCS Multistage, commented on the importance of this treatment: “Understanding the effectiveness of fracture stage isolation is an essential first step in optimizing completion designs that result in better wells.” About Yangarra Resources Ltd. Yangarra Resources Ltd. is a junior oil and gas comp Show less Read more
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