Exploration & Production | Drilling / Well Results
Lynden's Wolfberry Wellhead Production Surpasses 1,640 BOE/d
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Lynden Energy Corp. has reported an operations update on its activities in the Permian Basin, West Texas.
Midland Basin - Vertical Well DevelopmentThe Company continues to carry out a rapid oil and gas vertical well development program on its Midland Basin acreage, and the Company now has 91 gross Wolfberry (37.6 net) wells tied-in and producing. The Company's share of production of oil and gas at the wellhead from the wells over the fourteen days ending June 30, 2014 has averaged in excess of 1,640 barrels of oil equivalent to the Company (before the deduction of the Company's share of royalties), or 1,250 barrels of oil equivalent net to the Company (after the deduction of the Company's share of royalties).
The recent increase in production is primarily attributable to an increase in…
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