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SeaOhToo

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SeaOhToo

Re: boomer23 post# 9911

Monday, 05/18/2015 10:09:22 PM

Monday, May 18, 2015 10:09:22 PM

Post# of 11618
The Company has initiated the first ever lateral drilling program at the Milnesand San Andres oil field, located in Roosevelt County, New Mexico. The initial program of 3 horizontal wells is expected to take approximately 30 to 45 days to complete and will be followed by extensive testing and potentially, fracture stimulation.

The new horizontal drilling program added 464 MBO (372 MBO net to EORI) proved undeveloped reserves.
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