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Three Forks, Inc. updates investors on Pink Prospect in Pottawatomie County


Published Feb 28, 2014
Three Forks, Inc.

Three Forks, Inc., an independent oil and gas exploration and production company with operations and assets in Texas, Oklahoma and Louisiana, provided an update on its Pink Prospect in Pottawatomie County, OK. Three Forks owns a 25% working interest and a 20% net interest in the project.

The Company's first well -- the Jim #1-33 -- was completed in the Bois d'Arc formation, which is a member of the Hunton Lime, with first oil sold late in 2013. The operator, Blue Quail Limited, has a 25% working interest in the project. The well tested for 35 barrels of oil per day (BOPD) and 101 barrels of water per day (BWPD) and has since leveled out at 10 to 12 BOPD and 25 BWPD.

Tags: Three Forks




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