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Published Nov 21, 2008
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November 21, 2008-- Golden Aria Corp.has been notified by Texalta Petroleum Ltd., the operator of the Wordsworth light oil project, that based on positive production testing a new Horizontal oil well has been placed on production.
During the 8 hour test period the well produced oil at a rate of about 257 barrels per day. With the tubing set at approximately 3,400 ft depth, the well produced about 234 barrels of total fluid in 8 hours with 40 to 50% water cut. The water was load fluid with a minor amount of formation salt water. Intermittent amounts of gas flowed with each swab.
The operator expects that the well will produce initially on pump at a rate of around 150 BOPD, and like the first well may produce about 60,000 barrels in the first 2 years of its productive life.

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