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Westbridge and Black Pearl Spud Wharton County Well

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Westbridge and Black Pearl Spud Wharton County Well

Westbridge Energy Corporation and Black Pearl Holdings, LLC have announced the Wharton County #3 well has been spud as outlined in the Company's press release dated June 4, 2014.

It is anticipated the target depth of 10,000-feet will be reached in approximately 14 days. The WC#3 well will target the Lower Frio section stratigraphically trapped against the Boling Salt Dome. Westbridge and Black Pearl anticipate a large portion of the 50 foot section of reservoir sand will be saturated with light oil. This expectation is based on an initial production rate of 236 barrels of oil per day from the Wharton County #1 well on an 8/64ths choke before the well watered out due to mechanical problems associated with the completion. The project is located approximately 50 miles southwest of…
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