Tuesday, August 15, 2017 12:14:11 PM
The Chardonnay 47X was drilled based on recently acquired 24 square miles of 3-D seismic, which has identified several prospects. The Chardonnay 47X well was drilled to a depth of approximately 15,000 feet, encountered over 400 feet of Stevens Sand and is scheduled to be production tested in the next 45 days.“ The Stevens Sand has been a prolific oil producer in Kern County, this discovery once again confirms our strategy of using modern 3D seismic to explore for oil in prolific producing areas. ” stated Stephen Brunner, President of Petro River.
(Nice news, though I'd fire the news release writer who cannot use fourth in the text and uses forth instead. Others have found the Stevens to be tight in that area, so we'll have to see what the production test yields.)
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