The Borden County well was drilled to a depth of 4,525 – 4,600 feet with an initial rate of 65 billion barrels of oil per day. WW Energy also has a well located in Snyder, Texas, that the company expects to drill on.
The letter of intent also includes an additional well that has been permitted for disposal. The Texas located wells were closed in the early 1990s. WW Energy intends to begin reworking wells 1 and 2 in the Snyder located area. Management will report on the progress of the letter of intent as information becomes available.
