Black gold: oil sands
Surge spuds second Sawn Lake well
Surge Energy, a shareholder of California-based Signet Energy and operator of the Sawn Lake Oil Sands Development in southern Alberta, has spudded a second well at the development, Signet said.
Signet said the well was the first of three additional wells planned at the property over the next three months.
The company said it was committed to drilling 10 wells on the field, which is thought to contain between 820 million and 1.2 billion barrels of oil.