The three wells are located on two tracts of land known as the Alexander A, housing 1 re-entry well called the #2 and the Alexander B, housing 2 shut-in wells called the #1 & #3.
The company confirmed that the #1 & #3 wells located on the Alexander B lease recovered a total of 215bbls of oil during the first 36 hours of production and have already produced a load, which is scheduled to be collected and trucked to the refinery this week.
The company has further confirmed that the Alexander A #2 well has also produced encouraging quantities of oil during the first four days of production.
The well is currently producing from the original zone known as the Austin Chalk, but the company is currently considering several options for this lease, which include drilling the Alexander A #2 well down to target depth to target production from the Edwards shale play.
