Online Energy Inc. (TSX VENTURE:ONL) provide an update on the completion and testing of its Paddle River 1-5-55-7W5M Ostracod horizontal oil well.

The 1-5 well is the second Online 100% W.I. horizontal well on its Paddle River Ostracod oil project. It was drilled in March and reached a total depth of 3,089 metres, including a 1,254 metre horizontal trajectory. Completion operations, including a 14-stage multi-frac program, were recently completed. A total of 4,250 barrels of load fluid was pumped during the completion process. The well was subsequently production tested for ...