Multi-Well Oil & Gas Investing

With most of our efforts focus on maintaining the Ewell lease and developing the Stotts and North Stone Bluff leases, here is a quick update from the field.

A new well on the Stotts lease started drilling on Friday, April 23^rd and is currently at 1000 feet as of 9am this morning.

The Ewell lease is coming back online. The new Gun Barrel tanks and Heater Treater Unit have been delivered and are being installed. Production is expected to resume within 21 days.

The newly acquired North Stone Bluff lease has current production of 20-25 bbls/day of oil and with redevelopment, secondary, and tertiary extraction techniques, these numbers can easily sky-rocket over the coming month’s.

More news to come as soon as it breaks.