Exploration & Production | Drilling & Completions
Victory Energy Talks Multi-Well Permian Schedule
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Victory Energy Corporation has provided a drilling operations update for Aurora Energy Partners which the Company manages and in which it owns a 50 percent interest. Aurora has three new wells (Hickory 14 State #1, University 7 #1, Morgan #1) in various states of completion, a fourth well (Cotter #1) planned to spud within the next week and a fifth well (Milan 12 State #1) on plan to spud in February.
"This level of activity represents a new high for the Company and a great beginning to the new year," said Kenny Hill, Victory Energy CEO. "With a favorable estimated ultimate recovery (EUR) and substantial 25 percent working interest, the Cotter #1 well has the potential to generate greater monthly cash flow than any of our previous wells. The imminent spud of this well and the continued…
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