Daybreak Oil and Gas, Inc. is pleased to announce the successful drilling of its ninth consecutive successful oil well at the Twin Bottoms Field in Lawrence County, Kentucky. The Gerald Grove H-10 well was drilled to a measured depth (MD) of 4,512 feet.
Logs and other measurement data indicate that the horizontal section of the wellbore encountered 3,000 feet of oil-bearing sandstone. The drilling rig has been released to another operator whereby that company will use the rig to drill four wells. At the end of their four-well drilling cycle, Daybreak and App Energy LLC (App) will regain use of the rig to drill another series of wells at the Twin Bottoms Field.