Located in an area that stretches from Paul’s Valley to the Texas/Oklahoma state line, the Chisholm Lease project contains over 90 wells.
CAVU intends to acquire, rework and systematically put back into production the targeted wells in Garvin County.
The company currently has four operating and five additional oil wells to be reworked on the Chisholm Lease project that will be treated by ESP Resources.
ESP Resources CEO David Dugas said with online monitoring and overflow containment systems, the stimulus chemical program designed for CAVU should result in substantial increases in well productivity and reduced maintenance from CAVU’s oil and gas wells.
"The stimulus program will include our oil well cleanup system and foamer technology to improve well productivity we have utilized our chemical stimulation technology on numerous oil and gas wells with similar producing profiles as the CAVU wells and have achieved substantial increases in the oil and gas production," Dugas said.
ESP Resources is a manufacturer, blender, distributor, and marketer of specialty chemicals and analytical services to the oil and gas industry.
