LongBow Energy Corp.
TSX VENTURE : LBV

LongBow Energy Corp.

August 18, 2006 09:00 ET

LongBow Energy Corp. Announces Continued Drilling & Completion Success

CALGARY, ALBERTA--(CCNMatthews - Aug. 18, 2006) -

OPERATIONS UPDATE

LongBow Energy Corp. (the "Company") (TSX VENTURE:LBV) together with its partners has successfully drilled and cased a Mannville depth well in the Garrington area with multiple oil and gas pay zones in the wellbore. LongBow has a 5% BPO working interest and a 3% APO working interest in the well. This well is LongBow's third well in the Garrington area. Completion operations are currently being prepared for the well.

The Company also announces the successful completion of an Ellerslie depth gas well in the Thorsby area. The well was drilled and cased in December 2005 by the operator but not completed. LongBow challenged for operatorship of all wells in which it has an interest in the greater Leduc area and subsequently completed this Ellerslie gas well. Completion results have yielded initial flowrates of 12 E3M3/d (420 MCFD) at 2800 KPa flowing pressure. LongBow intends to tie this well and a second Ellerslie well in the area into existing production facilities. Three other shallow gas wells require full evaluation and potential tie-ins to enhance LongBow's production rates. LongBow currently owns a 12% working interest in its operated wells in the area. The Company continues to explore opportunities to increase its interests in this area.

LongBow is a junior oil and natural gas company based in Calgary, Alberta with properties located in Alberta at Cold Lake, Leduc, Leahurst, Tofield, Garrington, Three Hills and in the Meadow Lake, Saskatchewan area.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • LongBow Energy Corp.
    Mr. Sean Kehoe
    (403) 264-4722
    (403) 269-5518 (FAX)