Brief: Ironhorse Oil & Gas announces restart of Nisku l2l pool

Pond Technologies Holdings

22/07/2016 21:08

July 22 (Reuters) - Ironhorse Oil & Gas Inc  IOG.V  : 
    * Ironhorse Oil & Gas Inc. Announces restart of Nisku l2l 
pool 
    * Continues to be "financially well-positioned, with 
existing positive working capital and no debt" 
    * Ironhorse oil & gas says pool has been shut in since 
January 2016 due to uneconomic conditions and in order to 
preserve value of Ironhorse's reserves 
    * Ironhorse Oil & Gas Inc says operator has advised 
production from pool was restarted without incident 
    * Ironhorse Oil & Gas Inc anticipates pool will remain on 
production provided commodity prices remain at an economic level 
    * Anticipates pool will remain on production provided 
commodity prices remain at an economic level 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nCNWv9P0ya 
Further company coverage:  IOG.V  
 
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