This is a compilation of the production of the WGP's oil producing wells
Carter Lease: carter 1,3 and 6 :Total of 10 bbl/day carter 15, connecting pump carter 19,20 about to be re-drilled
Stockton Lease: # 7,6 and 13 producing. Details on 13 avail = 3bbl/day
Riddle Farm :
Riddle 7 around 20 bbl/day Riddle 6 around 2 bbl/day Riddle 11 20 bbl/day Riddle 13 20 bbl/day (choked back )
Some of the other wells are being cleaned and prepared for re-entry, to be drilled to deeper formations.
In so far I could account for around 75 bbl/day. For every well, the initial flows have been greater, in some cases up to 1 bbl/minute (Riddle 7. Apr 3rd ann). .
Slowly but surely does the trick with this one.Expect to have up to three diff. wells ann in any given month.
Lets not forget that WGP is only expending around $12,000 per well if not less
WGP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held