The production test was completed in the Flippen Sand formation and is one of several zones anticipated to potentially produce from this well. The #B1 well is located on the Boyett-Chalmers lease in Taylor County, Texas and is a Boyett-Chalmers wildcat field off-set well.
The Boyett-Chalmers lease has 14 wells and is adjacent to the Kessler field in which seven wells exist. These two areas have 21 wells of which up to eight wells are planned for reentry and secondary recovery efforts by Energy Management International.
The two lease area fields are currently under a partially completed purchase option agreement by Energy Management International for a 51% net working interest ownership. Additional zone completions and further Flippen zone tests are needed to determine a longer term economic well production rate.
