Legend Oil and Gas Ltd. has completed its fourth well (Pat Collins #7), in its four well drilling program which began in August. The frac was successful and the well is now on production. Full production from the lease has averaged 12 BOPD over the first 17 days of production in September, almost doubling the production performance from the entire Piqua property.
Marshall Diamond-Goldberg, President of Legend Oil and Gas, Ltd., stated, "The performance of the new wells on the Pat Collins lease has been extremely encouraging as it opens up a significant amount of undeveloped acreage on our largest lease. Additional locations are being permitted with an eye toward upgrading the production battery in order to handle the current and anticipated incremental oil production. Drilling on the next tranche of wells should commence in early October."