The leasehold covers about 80 acres and the initial oil production on the Doshier Project will be from the Bartlesville Sand.

The first phase of XnE’s recompletion program involves reworking the existing seven Bartlesville oil wells plus one saltwater injection well in the Bartlesville formation.

The company said that after evaluating the initial production plan, it will analyze its behind the pipe opportunities such as the Red Fork Sand.

XnE is engaged in acquisition, development and production of oil and gas properties in the US.