The first well concluded was perforated over a large interval and then fracture treated. After recovering a least amount of the water used to fracture treat the well it began flowing load water, oil and natural gas. Now the well is pumping and selling natural gas at commercial rates and the produced oil will be sold once a separator is installed. The second well in the program has been perforated and acidized and is awaiting the fracture treatment. Conclusion of the left over two wells should begin within the next month.
Targeted pay zones for various wells comprise of the Oil Creek and Bromide sands, Viola limestone, Deese sandstone and Layton sandstone. One of the wells has very similar geology and structure to the Bromide sands in the successful Owl Creek field earlier owned by Brinx Resources.
The recent plunge in drilling and completing costs within the oil and gas sector has supported Brinx Resources to restart its exploration activities. It is expected that the successful wells in this program will initiate further development wells that can be drilled when the market for oil and gas prices improves. These potential well locations and those that already have been recognized on Brinx Resources’ other two prospects, both which are still pumping economic quantities of oil and gas, should give Brinx Resources plenty locations to drill in the future.
