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Worthington Energy to spud well in the Vidal Island oil field

Worthington Energy, Inc. plans to spud an oil well in the Vidal Island Oil Field located

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Worthington Energy, Inc.-2

Worthington Energy, Inc. plans to spud an oil well in the Vidal Island Oil Field located in Concordia Parish, LA.

Worthington recently entered into a Participation Agreement with Britlind Resources, LLC of Dallas, TX, covering participation in the Britlind #1 Well, which was scheduled to spud yesterday.

Per the terms of the Agreement, Worthington will receive a 20% Working Interest in the Britlind #1 Well. Britlind anticipates drilling a total of five wells in the Vidal Island Field, in which, Worthington intends to participate. Array Operating, LLC has been designated as the Contract Operator of the well.

Tags: Worthington Energy