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Worthington completes pipeline installation


Published Aug 16, 2012
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Worthington Energy, Inc.

Worthington Energy, Inc. reports that the Company continues to make significant progress on the I-1 Well project. Over the past week the I-1 crew completed the pipeline installation and began testing the pipeline in preparation for tying into the main line.

"When completed, the I-1 platform will have the capacity to process 20 million cubic feet of gas per day (mmcf/pd) and 1,000 barrels of oil per day (bbl/pd). This processing capacity will allow us to handle production from the I-1 well, plus up to 3 to 4 additional producing wells located in the vicinity of the platform, from which we will earn our 2% Override Interest," stated Worthington President & CEO, Tony Mason. "Please visit our website, www.wenergyinc.com, for pictures of our work in progress." Worthington has a 10.35% Interest in the I-1 well and a 2% interest in the Mustang Island 818 Lease position.

Tags: Worthington Energy




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