The well is supported by 3D seismic survey and is part of the multi-well drilling program in Jones County.
The rig Ringo 8 drilled the well to a 1,205 depth, and set 160′ 8 5/8" surface casing and a target depth of 4,700′.
The operator has assigned pre-drilling reserves estimates of 120,000 barrels of oil based on 10 feet and 120 acres, using 100 BO/AF.
Production from the previously drilled Jones County wells currently is over 2,000 barrels gross oil per month.
The company, through its partnership with Aurora Energy Partners, holds a 5% working interest and a 3.75% net revenue interest.
