BNK Petroleum has successfully drilled andessfully drilled and cased the Brock 4-2H well (77% working interest) in the Company’s Caney shale oil acreage in the Tishomingo Field which is located in the SCOOP region in Oklahoma.
The completion of the Brock 4-2H well is being scheduled to commence after the casing has been set in the Anderson 1-5H10X3 well, to avoid the frack interfering with the drilling of the Anderson well. The two companies are working on co-ordinating the scheduling of simultaneous fracture stimulations once the Anderson well drilling rig has been released.
The major oil company that owns the minority interest in the Brock 4-2H well is preparing to drill the Anderson 1-5H10X3 well, in which BNK has a 33% working interest. The Anderson 1-5H10X3 is a planned two mile lateral also targeting the Caney formation and offsetting the Brock 4-2H well. The well is expected to begin drilling on September 24.