Sunburst Formation News Today

Investegate announcements from Calima Energy, 5 Well Driling Program at Brooks Commenced

Calima Energy (ASX:CE1) has progressed activities within its Brooks operations in Canada, after wrapping up drilling in one well and spudding another.

Calima Energy Ltd (ASX:CE1) is set to drill its two Sunburst Formation horizontal wells, known as Gemini, and two Glauconitic Formation horizontal wells,...

“Historically, our Sunburst type curve represents some of the best single well economics in our inventory. These wells are quick to drill and...

All three wells - Gemini 1, 2 and 3 - are classified as development wells, as they are being drilled into existing Sunburst oil pools, which have been...

Calima Energy maintains Canadian momentum as flow rates exceed estimates by 28% and production increases Production is ~2,818 boe/d (69% oil), an increase of 14% from Q1 2021 production of ~2,475 boe/d (68% oil) while capital expenditure has been 20% under budget. Calima is planning an active, low-risk drilling program developing proven reserves. Calima Energy Ltd (ASX:CE1) (FRA:R1Y) is “extremely pleased” with flow rates from three horizontal Sunburst Formation operations perfo...

S&P/ASX 200 rises even as health and technology stocks continue to lag Companies S&P/ASX 200 rises even as health and technology stocks continue to lag Oil prices slipped on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and other Asian countries. Top gainers S&P/ASX 200 (INDEXASX:XJO) has gained 0.29% to 7,082.5 points by 12.55 pm with the major banks, mining and energy firms helping the index move higher. Health and technology stocks contin...

FTSE 100 closes ahead as US jobs miss boosts shares The UK index of top shares closed up over 53 points at 7,129. The midcap FTSE 250 was also higher, adding almost 284 points at 22,775 FTSE 100  closes up at 7,129 Flight prices to Portugal jump 10-fold US adds 266,000 jobs instead of 1mln 5.10pm: FTSE closes ahead FTSE 100 closed Friday ahead as Wall Street headed north too as the big miss on the US monthly jobs number convinced traders the US central bank wouldnt change direction any time s...

FTSE 100 closes ahead as US jobs miss boosts shares The UK index of top shares closed up over 53 points at 7,129. The midcap FTSE 250 was also higher, adding almost 284 points at 22,775 FTSE 100  closes up at 7,129 Flight prices to Portugal jump 10-fold US adds 266,000 jobs instead of 1mln 5.10pm: FTSE closes ahead FTSE 100 closed Friday ahead as Wall Street headed north too as the big miss on the US monthly jobs number convinced traders the US central bank wouldnt change direction any time s...

FTSE 100 closes ahead as US jobs miss boosts shares The UK index of top shares closed up over 53 points at 7,129. The midcap FTSE 250 was also higher, adding almost 284 points at 22,775 FTSE 100  closes up at 7,129 Flight prices to Portugal jump 10-fold US adds 266,000 jobs instead of 1mln 5.10pm: FTSE closes ahead FTSE 100 closed Friday ahead as Wall Street headed north too as the big miss on the US monthly jobs number convinced traders the US central bank wouldnt change direction any time s...