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Rockefeller Hughes Corporation has provided the following company and operational update.
The previously announced Vann #4 well, in which RHC holds a 35% working interest, did not perform to management's satisfaction. Along with our partner, we have decided not to proceed with completing the well.
The Company reworked the Wright 1H well in its Halo Prospect in Robertson County, Texas, resulting in an 80 barrel a day increase in production.
The Company expects to begin testing of the Pryor 1H dual Buda/Georgetown horizontal lateral well within the next ten days. As mentioned in a previous press release, this well is in the Halo Prospect in Robertson County, Texas. The Company holds a 100% working interest in this well.
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