Orbit Petroleum, Inc. Announces Completion of James McFarland A#5
OKLAHOMA CITY, Nov. 30 /PRNewswire-FirstCall/ -- Orbit has completed the first well of its Drilling Program in the Chaveroo San Andres Field. The James McFarland A#5 well showed positive production test results. These test results showed commercial production fluid volumes ranging from 200 to 250 barrels of fluid per day with a 15-20% oil cut. Thus, initial production estimates are an average of 40 barrels per day. The well is in service and future results will be reported as they are available.
Orbit Petroleum, Inc. (OTC Pink Sheets: OBPT) is also the owner and operator of 86 oil and gas wells located in the Chaveroo Field in Chavez and Roosevelt Counties, New Mexico.
32,525,568 as of Mar 23, 2007
250,000,000 as of Aug 31, 2004
Number of Share Holders of Record
164 as of Mar 23, 2007
4,250,000 as of Mar 23,