Westbridge Energy Corporation and Black Pearl Holdings, LLC (Black Pearl) are pleased to announce the contracting of a rig to drill the Wharton County #3 ("WC#3") well at the Wharton County Field, Wharton County, Texas and the securing of two new farm-in partners. Westbridge and Black Pearl are also pleased to announce the resolution of a probate related matter and the leasing of all lands required to move forward with drilling the WC#3 well.
Drilling Rig Secured for Wharton County #3 Well
Westbridge and Black Pearl have secured a drilling rig to complete a development well at the Wharton County Field from Coastal Drilling LLC. The rig is scheduled to spud the well during the week of June 16th. This 1,000 horsepower rig is anticipated to reach the target total depth of 10,000-feet in approximately 14 days.