Initial daily production rate has been recorded at 93 barrels per day of high quality 44 gravity oil and approximately 100,000 cubic feet of gas per day through a 7/64 inch choke size with over 2100 psi of surface tubing pressures. The well is also producing some water. These rates have been sustained over the last few days. Initial oil sales have already commenced with the first load trucked to the nearest refinery
AUJ Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held