Texas-based asset First Titan Corp. owns an interest in has a well scheduled for minor maintenance, which is expected to return the well to previous production levels.
The Minns #3, a well in the FTTN asset package in Waller County, Texas, will be fitted with new tubing to ensure maximum production once the well is back online. Repairs are scheduled to take place within the next week to 10 days.
'We anticipate this repair will restore the Minns #3 to its previous production levels,' FTTN CEO G. Jonathan Pina said. 'The return on investment potential for this scheduled repair is apparent, and we anticipate this minor maintenance will allow the Minns #3 to reach or exceed the Company's initial expectations when the well was acquired.'