The drilling program will proceed with re-entry into the SELLERS #1(B) well and extend the exploration depth to include the Layton, Mississippi and Arbuckle zones.
The company said that historical production from the Layton Zone alone produced over 30 barrels of oil per day and BHWX expects to match or exceed these numbers with the application of modern technology.
BHWX has received approval from the Oil and Gas Conservation Division for a projected total depth of 3,600ft.
According to the company, a slick water frac, to improve production, is slated and a decision regarding a horizontal drilling program will be made within two weeks of the drill completion.
BHWX plans a six month, 20 well program on its approximately 2,500 acres.
