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Daybreak provides production results from first two wells in development program


Published Jun 7, 2013
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Daybreak initiates four well drilling program-Spotlight

Daybreak Oil and Gas, Inc. provides production testing results from the Bear #5 and the Bear #6 wells. The Bear #5 well is currently producing at a rate of 25 barrels of oil per day. The Bear #6 well, drilled following the Bear #5, is also producing at a rate of 25 barrels of oil per day.

Both wells are being produced on pumps at initially reduced rates which will be gradually increased over time. The Sunday #5, Sunday #6, and Black #2 wells are currently being production-tested. Results for these wells will be announced as soon as testing is completed.

The Chimney #1- 11 exploration well was drilled to 3,975 feet and encountered minor, but non-commercial oil pay in the shallow Vedder Sand ; and, did not encounter oil pay in the deeper target sands.

Tags: Daybreak Oil and Gas



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