The Dyco well commenced its operations with the production in excess of 75bopd during the first few days of March.

The company also said the Stanley #8 well drilled in Jones County, Texas, has been completed.

The well was drilled to a total depth of 5,500ft and encountered several pay zones that, according to the open hole log, calculate to be as productive in the well as they are in the surrounding area.

Currently, the company is completing work at the Ellenburger formation.

Aztec Oil & Gas president Waylan Johnson said that utilizing 3D seismic, in addition to capitalizing on our partners more than 30 years of history in the area, gives us a huge advantage in this field.