Circle Star Energy Corp. provided an operational update regarding their second operated well, the Lynd 36-2, in Trego County, Kansas. The well has reached target depth of 4,100 feet. Based on drill stem tests and electric log analysis, the well has encountered multiple potential oil bearing reservoirs. Completion of the well will commence later this month.
CRCL CEO Jeff Johnson stated, 'The analysis of data gathered during the drilling and testing process is very promising. We look forward to completing the well and reporting a production rate as soon as it is available.'
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Circle Star Energy Corp.
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