The Australian oil and gas firm said that some of the frac fluid is also still being recovered.
Global has a 7.939% working interest in the well and a beneficial interest (NRI) in the production of 5.95% or some 75boepd of the above production.
The company’s share of oil and gas being produced from the well is now part of Global’s revenue stream, according to the company.
Global has a 7.939% working interest in approximately 1,651 acres beneath the Olmos formation including the Eagle Ford Shale.
Global’s interest in the Leighton prospect also includes a 15% working interest in approximately 873 acres from the surface down to the stratigraphic equivalent of the Olmos formation.
