Investor News

Rumback A #16-1 Drilling Successful

The Rumback A #16-1 (909’ FSL; 2188’ FEL Sec. 16-T11S-R32W), Logan County, KS has been successfully completed as a producing oil well. The Rumback Field extension location was spud September 23, 2016 and completion work was finalized in early October. Surface...

Rumback Field Extension Drilling Commenced

Drilling has commenced on the Rumback A #16-1 well (909’ FSL; 2188’ FEL Sec. 16-T11S-R32W) located 2 ½ miles southwest of the City of Oakley, KS. The Rumback A #16-1 is the second well drilled to extend the Rumback Field discovery drilled by Russell Oil, Inc. in...

#1 Baker HA Unit Farm-out Successful

First production is reported from the Palomino Petroleum, Inc. #1 Baker HA Unit #1 (573’ FNL; 2552’ FWL Sec. 4-T16S-R35W) Wichita County, KS. WW Drilling Rig #20 drilled the well to a reported 4824’ LTD. Production commenced August 16, 2016. The well is producing from...

Logan County, KS Oil Production

Oil production has commenced on the HR Unit #1 (496’ FSL; 196’ FEL Sec. 16-T11S-R32W) Logan County, KS. The well is producing from undisclosed formations. No production information is being provided at this time.

Seele C Unit #1 Conversion

Approval has been received from the Kansas Corporation Commission allowing the conversion of the Seele C Unit #1 (2690’ FSL; 4290’ FEL Sec. 36-T10S-R34W, Thomas County, KS) into a saltwater disposal well. The well was originally drilled in December 2010 as an oil...

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