Exploration & Production | Drilling & Completions | Drilling / Well Results
Victory Completes Well Targeting Wolfberry, Cline Zones
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Victory Energy Corporation has successfully completed the Company's fourth well on its Permian Basin Lightnin Prospect, the Cotter 6 #2, located in Glasscock County Texas.
The well was drilled and completed in March, 2014 and has averaged daily gross flow rates of 121 BOE during the month of April. The number represents a net 18 BOEPD to the company's interest and a 41% growth in daily production since March 31, 2014.
Kenny Hill, Victory's CEO, commented: "This is the fourth and most productive well that we have brought into production on this prospect. We completed and are producing this stacked formation well in multiple pay zones including the Wolfberry (Wolfcamp and Strawn Sand), Fusselman and Cline. The well represents a very good model for the type of wells we are pursuing in this…
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