Scandoil  

Petron Energy II reports a 30% increase in production from its Edwards leases in Oklahoma


Published Sep 25, 2013
Petron Energy II

Petron Energy II, Inc., together with its subsidiaries, engages in the acquisition and development of properties for the production of crude oil and natural gas, the transportation of natural gas through its pipeline subsidiary and well servicing through its servicing subsidiary. The Company's operations are based in the United States.

Floyd Smith, President and CEO of Petron Energy II, Inc., states, "We are very pleased with the production results of the Edwards leases; we have implemented 20% of our secondary recovery plan for the Edwards leases which involves reworking and re-pressurizing wells in the Wilcox and Dutcher pay zones. We believe as we continue to rework wells in the Wilcox and Dutcher zones we should realize further production improvements." The company stated in its previous press release that it had a total of 18 leases to equip for secondary recovery operations.

Tags: Petron Energy II




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml