There are four Fry Sand wells and one Chappel Reef well. The latter well was the discovery well for the Chappel Reef and has 300ft of potential oil and gas bearing sands.
Friendly Energy expects to re-enter the Chappel Reef well within the next month and also open up one of the Fry Sand wells.
Doug Tallant, CEO of Friendly Energy, said: “We believe there is still very good potential on the Hutchins lease. The existing wells will provide very low cost, low risk production almost immediately but the potential for in-field drilling to access the prolific Chappel Reef sands is enormous.”
Friendly Energy is an oil and gas exploration, development and production company. It is focusing on low cost oil and gas recovery in the state of Texas and Oklahoma.
