Drilling & Completions | Drilling / Well Results | Drilling Activity
Advantagewon Oil Hits Pay at Latest Well; Expects Flow Rates Soon
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Advantagewon Oil Corp. has completed all of the work on its second Canadian well and has reported an oil discovery.
The company is in the process of tying in the well and expects to be able to report flow rates in the next 7 to 10 business days. The Corporation will receive 100% of the net revenue until it has recovered the cost of well estimated at $80,000 CDN after which time it will become a 75% working interest owner.
The Corporation is looking at several additional opportunities and will announce the additional acquisitions once completed.
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