The #3 Lutters is at the Poston Project in Trego County, Kansas where the 4,328ft well intersected the reservoir pay zone as anticipated. The new producer is a direct off-set to the #1 Lutters well that has been in production since June 2009.

The company said that the #3 Lutters well will increase the total oil production from the project. The well has been cased to depth and the completion program will begin early next week.

Production is anticipated in the 80bpd to 100bpd range and as existing tanks and infrastructure are already in place, the operator will begin production immediately after the well is tied in.

The Lutters #1 and #3 wells are drilled in a Mississippi Dolomite formation identified by a 3D seismic high which pinpoints the oil bearing horizon. The 750 acre location presents future off set possibilities given the success of the #3 well.