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BNK's Tishomingo Wells Flow Oil, Show Improved Production

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BNK's Tishomingo Wells Flow Oil, Show Improved Production

BNK Petroleum Inc. has reported an update on its Tishomingo Field, Caney oil shale operations in Oklahoma.

The Company's Hartgraves 5-3H Caney well was successfully fracture stimulated in September and, while it is early in the flowback phase, the well has, over the last 4 days, averaged 1,200 barrels of oil equivalent per day (boepd) of which 585 barrels a day is oil.  The early production from this well is more constant and twice as good as the best and previously drilled and fracture stimulated Caney well, the Dunn 2-2H.

The Dunn 2-2H well had a 24 hour peak rate of 620 BOEPD of which 300 barrels was oil.  The 30 day initial production (IP) rate for this well is 420 BOEPD of which 195 barrels is oil.  The Barnes 6-3H well, where only 11 out of 17 stages were fracture stimulated, had a…

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