OGY ORCA ENERGY - Great announcement this morning.
Burruna 3 has successfully completed as a future oil producer.
Production testing will commence in the next few weeks to determine flow rates and it will then be connected to the burruna EPT facility.
This now means OGY which closed at 0.018 on Friday will have 2 producing wells (Burruna 2 and Burruna 3)an outstanding achievement for such a small company. Bear in mind seabiscuit in Texas, US is scheduled to spud in Q1 - do your research on oil production in Matagorda County, most impressive.
