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Osage Turns on Taps at HZ Mississippian Well

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Osage Turns on Taps at HZ Mississippian Well

Osage Exploration and Development Inc. has reported preliminary production results on its Horizontal Mississippian well in Logan County, Oklahoma. The Krittenbrink 1-1H, located in Section 1-18N-4W, had its first oil sale on December 30th and within two weeks achieved one-day production of 623 BOE. It has produced 6,740 BOE to date. Total volumes of hydrocarbons produced have been composed of over 90% crude oil.

"We are very pleased with the initial production of the Krittenbrink 1-1H and with the early results of our accelerated drilling program," stated Mr. Kim Bradford, Chairman and CEO of Osage Exploration and Development. "With the Krittenbrink 1-1H we have now gotten the time from spud to first sales down to about 70 days. Coupled with the high initial production rates that we are…

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