Junex Inc.

Published : February 24th, 2009

résultats préliminaires sur ses opérations dans les Shales de l'Utica au Québec

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Junex inc.

TSX CROISSANCE: JNX
24 f�vr. 2009 08h04 HE

Le partenaire de Junex annonce des r�sultats pr�liminaires sur ses op�rations dans les Shales de l'Utica au Qu�bec

QUEBEC, QUEBEC--(Marketwire - 24 f�v. 2009) - Le partenaire de Junex (TSX CROISSANCE:JNX) a �mis hier un communiqu� de presse annon�ant les r�sultats pr�liminaires de ses op�rations dans les Shales de l'Utica situ�s dans les Basses-Terres du Saint-Laurent. Forest a annonc� avoir: "for� et compl�t� les trois premiers puits horizontaux des Shales de l'Utica dans les Basses-Terres du Saint-Laurent. Les puits ont �t�, avec succ�s, coffr�s et stimul�s par multi-fracturation en quatre �tapes. Les d�bits de production des puits ont vari� de 100 � 800 milliers de pieds cubes par jour (mcf/d). La r�cup�ration des liquides de fracturation n'a pas �t� compl�t�e en raison du manque de disponibilit� d'une unit� d'intervention de tube enroul� ("coiled tubing"). Forest continuera de tester les puits apr�s la saison hivernale. Bien que les d�bits de production n'aient pas �t� aussi �lev�s qu'anticip�s, les travaux ont permis � Forest d'identifier la section des Shales de l'Utica qu'elle comptait cibler dans les prochains puits. Chacun des trois puits horizontaux a test� des sections diff�rentes des Shales de l'Utica avec pour objectif de recueillir de l'information sur la productivit� de ces sections et d'ainsi optimiser les op�rations futures. De plus, Forest a prouv� son habilet� � forer avec succ�s des puits horizontaux et � pomper les fluides de stimulation par fracturation hydraulique sans probl�mes op�rationnels majeurs."

"Nous sommes excit�s � l'id�e que notre partenaire se montre pers�v�rant et d�di� dans ses efforts pour d�velopper le projet des Shales de Utica. Les trois puits for�s par Forest en 2008 sont les premiers puits horizontaux � �tre for�s et stimul�s par fracturation hydraulique dans les Shales de l'Utica. Consid�rant le fait que le bassin des Shales des Basses-Terres du St-Laurent est � son premier stade de d�veloppement, nous sommes confiants que les r�sultats de ces premiers puits nous permettront d'apprendre et de d�velopper les meilleures recettes de forage et de compl�tion pour les Shales de l'Utica. De plus, les r�sultats du puits horizontal Champlain #1H, de pair avec les r�sultats du puits de Saint-Augustin-de-Desmaures #1 for� par Junex pr�s de la ville de Qu�bec l'an dernier, d�montre le potentiel gazier des Shales sur les permis d�tenus � 100% par Junex le long du pipeline sur la rive nord du St-Laurent" a d�clar� le pr�sident de Junex, M. Jean-Yves Lavoie, P.Eng.

Au cours de l'ann�e 2008, Junex a particip� dans le puits horizontal Champlain #1H. Ce puits a �t� for� sur le permis B�cancour/Champlain et il a atteint la profondeur totale anticip�e dans la formation Ordovicienne des Shales de l'Utica. La longueur du forage lat�ral a atteint une distance approximative de 900 m�tres.

En 2009, Junex pr�voit forer deux puits afin d'�valuer le potentiel des Shales sur la propri�t� voisine de Nicolet. De plus, apr�s la r�ception des analyses finales des carottes tir�es au puits St-Augustin-de-Desmaures pr�s de Qu�bec, Junex pr�voit compl�ter un programme de fracturation sur ce puits. En date de la fin de l'ann�e 2008, la compagnie d�tenait des liquidit�s d'environ 27 millions de dollars et aucune dette, ce qui lui permettra de financer sans probl�me son programme d'exploration.

A propos de Junex

Junex est une compagnie junior d'exploration p�troli�re et gazi�re qui d�tient des droits d'exploration sur environ six millions d'acres situes dans le bassin g�ologique des Appalaches au Qu�bec. Elle est notamment au cour de la d�couverte gazi�re des Shales de l'Utica situ�e dans le bassin des Basses-Terres du St-Laurent. En date du 31 d�cembre 2008, Junex d�tient un fonds de roulement de 28 millions de dollars en plus d'une participation d'environ 7,9% dans le capital-actions de P�trolia (TSX CROISSANCE:PEA) et d'environ 1,0% dans le capital-actions de Gastem (TSX CROISSANCE:GMR). Parall�lement � ses efforts d'exploration, la compagnie a pour objectif de g�n�rer des flux de tr�sorerie positifs � partir de ses activit�s de vente de saumure naturelle et de services de forages.

Enonc�s prospectifs

Certaines d�clarations faites aux pr�sentes peuvent constituer des �nonc�s prospectifs. Ces d�clarations se rapportent � des �v�nements futurs ou � des r�sultats �conomiques futurs de Junex et comportent des risques, incertitudes et autres facteurs connus et inconnus qui pourraient modifier de mani�re appr�ciable leurs r�sultats, rendement ou r�alisations par rapport � ce qu'expriment ou laissent entendre les d�clarations de Junex. Les �v�nements ou r�sultats r�els pourraient �tre tr�s diff�rents. Cons�quemment, la d�cision d'investir dans les titres de Junex ne devrait en aucun temps �tre bas�e sur ces �nonc�s prospectifs. Junex d�cline toute intention ainsi que toute obligation de mettre � jour ces d�clarations prospectives.

La Bourse de croissance TSX d�cline toute responsabilit� quant � la v�racit� ou � l'exactitude du pr�sent communiqu�.

Renseignements :

Junex inc.
M. Jean-Yves Lavoie
Pr�sident
418-654-9661

ou

Junex inc.
M. Dave P�pin
Vice- pr�sident - Affaires corporatives
418-654-9661
 
Dave P�pin, M.B.A.
Vice president des affaires corporatives
Junex inc.
2795, boulevard Laurier
Bureau 200
Qu�bec (Qu�bec)  G1V 4M7
T�l�phone : (418) 654-9661 poste 225
T�l�copieur : (418) 654-9662
 
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Junex Inc.

EXPLORATION STAGE
CODE : JNX.V
ISIN : CA4818631083
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Junex is a exploration company based in Canada.

Junex holds various exploration projects in Canada.

Its main exploration properties are HALDIMAND WELL, SHALE GAS DE BECANCOUR, HALDIMAND and CHAMPLAIN in Canada.

Junex is listed in Canada and in United States of America. Its market capitalisation is CA$ 32.7 millions as of today (US$ 25.0 millions, € 21.6 millions).

Its stock quote reached its highest recent level on June 06, 2008 at CA$ 8.22, and its lowest recent point on December 19, 2014 at CA$ 0.24.

Junex has 79 650 000 shares outstanding.

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Corporate Presentations of Junex Inc.
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5/28/2008Research Report with $9.50 target price.
Financings of Junex Inc.
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4/1/2008(Shale Gas De Becancour)US-Based Partner Releases Information
1/22/2008(Shale Gas De Becancour)Frac job completed for Shale gas project in Quebec
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Corporate news of Junex Inc.
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11/27/2014Junex Strikes Oil in its Galt No. 4 Horizontal Well
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9/25/2012GALT NO 4 CONFIRME LE POTENTIELP=C9TROLIER DE LA PROPRI=C9T=...
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4/25/2012annonce un programme d'exploration pour AnticostiImportance:...
9/7/2011projet p=E9trolier de l'=EEle d'Anticosti
6/29/2011Projets p=E9troliers de l'=CEle d'Anticosti
6/29/2011PEA Petrolia's Macasty at 30.9 billion bbl total petroleum
6/28/2011Mr. Jean-Yves Lavoie, P. Eng., President and CEO of Junex, R...
6/23/2011Le Nouveau-Brunzwick et les Shales gas..."The economic spino...
5/27/2011Intends to Make Normal Course Issuer Bid
2/17/2011dans les Affaires et La Presse
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6/22/201013.75 million barrels of oil of contingent and prospective r...
4/19/2010announces potentially recoverable resources of 3.7 Tcf
4/19/2010annonce des volumes de ressources non-découvertes de gaz ori...
3/2/2010to drill the Deep/structured Utica Shale on its Lyster block...
12/8/2009Junex's Partner Commits to Drilling the Utica Shales on the ...
11/25/2009Initial results from the St-Augustin propane frac
11/12/2009earns in the Nicolet permit
11/12/2009Jennings intiates coverage on Junex with a target price of $...
10/22/2009Haldimand #2 well is finished
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2/24/2009Preliminary results from Utica Shale operations
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12/1/2008NOTE - JUNEX INC. - Q3 Results Highlight an Active Program -...
12/1/2008THE FM BULLETIN - DECEMBER 1 2008 (PSD-TSX) (STKL-Q) (FM Mi...
9/23/2008REPORT - JUNEX INC. - Playing the Qu=E9bec Card - Vic Vallan...
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4/8/2008 enforces its management team
4/1/2008Signs a new farmout agreement whit a major
12/11/2007results from Paspébiac #1 well
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