Donnybrook Energy Inc.
TSX VENTURE : DEI

Donnybrook Energy Inc.

February 01, 2011 06:00 ET

Donnybrook Energy Inc.: Resthaven-Simonette Montney Operations Update

CALGARY, ALBERTA--(Marketwire - Feb. 1, 2011) - Malcolm Todd, Chief Executive Officer of Donnybrook Energy Inc. (TSX VENTURE:DEI) reports that the Cequence Energy operated Simonette Montney horizontal well, Cequence HZ 1-22-61-27 W5M (DEI 25% + 7.5% GORR BPO; 50% APO), has been successfully completed. Initial results from the post-frac cleanup resulted in flow rates of 6.4 mmcf per day and 100 barrels per day of condensate after 3 days of cleanup at a flowing casing pressure of 570 psi. The well was completed with a 15 stage frac over 1,315 meters of horizontal wellbore. Donnybrook Energy expects overall liquids recovery to be 30 bbls per mmcf (sales volume). The well is tied-in and is scheduled to begin producing into the Keyera operated Simonette gas plant and ancillary gathering system, which has in excess of 80 mmcf per day available processing capacity, on February 3, 2011. 

Donnybrook Energy also reports that the Company operated DEI HZ 16-27-61-2 W6M well at Resthaven (DEI 70%) reached Total Vertical Depth of 3,390 meters on January 28, 2011. The well was open hole logged to depth on January 29, 2011. Operations are underway to drill horizontally to a targeted Total Measured Depth of approximately 5,000 meters of which 1,660 meters will be drilled horizontally through the Montney Formation.

The DEI HZ 16-27 Resthaven well is located 5 kilometers East-North East of the Celtic Exploration Resthaven Montney discovery well and 15 kilometers West of the Cequence HZ 1-22 Simonette well referred to above. Donnybrook Energy's current land holdings in the Resthaven-Simonette area, where the two wells are located, is 38 gross sections – 9,842 ha. (22 net sections – 5,698 ha).

The Company holds interests in 55 gross sections – 14,245 ha. (39 net sections – 10,100 ha.) in the Deep Basin area of West Central Alberta prospective for Montney, Wilrich, Bluesky and Falher liquid-rich natural gas.

ON BEHALF OF THE BOARD OF DONNYBROOK ENERGY INC.

Malcolm Todd, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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