The company’s wholly owned subsidiary FILO Quip Resources (FILO) is the operator and has been replacing and reconditioning all of the Chisholm Lease facilities.
FILO’s planned rework program has purchased new storage tanks, tubing, high volume submersible and disposal pumps with plans to complete Cavu 2 and Cavu 3 wells over the next 90 days.
The three wells currently being reworked were originally drilled to the Bromide formation at about 3,000ft.
The company has also begun a chemical treatment program to complement the new technology being implemented throughout the lease.
The company has remote wireless control, video transmitting and recording equipment to monitor well and facility conditions for productivity, safety and security.
