StackFRAC(R) HD Multi-Stage Fracturing System increases reservoir access
CALGARY, Aug. 12 /CNW/ - Packers Plus has successfully run a full
20-stage StackFRAC(R) HD "High Density" Multi-Stage Fracturing System for
Petrobank Energy and Resources Ltd. (TSX:PBG) in the Bakken light oil
reservoir in southeast Saskatchewan. The StackFRAC(R) HD system was recently
launched to meet the demand from oil and gas operators for more stimulation
stages in open hole horizontal wells.
"This successful run of a 20-stage StackFRAC(R) HD system in the Bakken
demonstrates how technology can improve recovery in unconventional
reservoirs," said President Dan Themig. "Petrobank is leading the way in the
Bakken, which has become a major play in the Canadian Oil and Gas Industry"
Speaking about the recent merger between Petrobank Energy Resources Ltd.
and TriStar Oil & Gas Ltd. into PetroBakken, CEO John Wright said "we really
both believe that the application of technology is going to be the path to
future growth in the oil industry."
StackFRAC(R) HD continues to make significant inroads in the industry,
both in Canada and the U.S., where several systems have been installed.
"We've proven that our proprietary technology can improve production
values in various unconventional reservoirs," said Canadian Business Unit
Director Doug Bobrosky. "It's a simple extension that more stimulation stages
means greater access to reserves, which will further improve production
About Packers Plus and StackFRAC(R)
Packers Plus is a pioneer of open hole multi-stage fracture stimulation
systems and is an industry leader in designing and manufacturing innovative
solutions for a variety of completion challenges. Packers Plus has run over
3,500 systems accounting for over 25,000 fracture stages since the technology
was invented in 2001.
Today, Packers Plus has employees in 27 offices in Canada, the United
States, and across the globe. The company is working in numerous rock
formations in Canada such as the Bakken, Shaunavon, Cadomin, Muskwa, Cardium,
Viking and Montney.
In addition to work in Canada and the United States, Packers Plus also
operates in West Africa, the Middle East, China, Indonesia, Europe, Mexico and
Packers Plus(R) and StackFRAC(R) are registered trademarks of Packers
Plus Energy Services Inc.
For further information:
For further information: Dan Themig, President, Calgary Office, Suite
900, 407-2 St SW, Calgary, AB, T2P 2Y3, Phone: (403) 263-7587, Cell: (403)
870-1829, email@example.com, www.packersplus.com; Doug Bobrosky,
Canadian Business Unit Director, Calgary Office, Suite 900, 407-2 St SW,
Calgary, AB, T2P 2Y3, Phone: (403) 263-7587, Cell: (403) 921-0282,