Hi all,
This article was published in Drilling Wire on 26 June.
Important points to note:
* The Wilma 1-16H is located ~6 miles west of our acreage in Noble & Payne Counties.
* It was perforated and fracked in 12 stages at 5799-9348ft in the Woodford (below the ML)
* This discovery is the FIRST Woodford producer reported in the 325 tests.
* This is a horizontal Woodford test that produced an initial rate of 353bbls of oil and 262,000 cu ft of gas.
* Extremely positive implications for RFE's strong acreage position in this area (ML & Woodford).
* RFE have a position in ~75 sections and around 30,000 net acres in this area alone.
This is equivalent to adding another 30k acres AND an entire new discovery beneath the ML!
RFE
Hi all,This article was published in Drilling Wire on 26...
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