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Osage Talks MissLime IP Growth; Future Potential

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Osage Talks MissLime IP Growth; Future Potential

Osage Exploration and Development Inc. has reported preliminary production results on the Mallard 1-16H Horizontal Mississippian well in Logan County, Oklahoma.

The well, located in Section 16-17N-3W, achieved a 24-hour peak initial production rate of 705 barrels of oil plus associated natural gas on an electric submersible pump and a 48/64" choke.

Mr. Kim Bradford, Chairman and CEO of Osage Exploration and Development, commented: "This well is a prime example of the progress in field operations that we are currently experiencing. Our new production superintendent and his expert consultants are having an immediate impact on every well that we have drilled so far, and have to be given credit for our recent advances. Under their tenure, the Mallard 1-16H, which did not produce at a high…

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