WINCHESTER Energy has reported significant oil recovery after fraccing two of the four intervals in the lower Cisco Sand at its Arledge-16#2 well in the Permian Basin, Texas, which is part of its Lightning prospect
Initial flow rate hits 30 barrels an hour
The good news had pushed its price up sharply this morning by 28% at the time of writing. Before the frac, intervals 1and 2of the Lower Cisco Sands between 5,075 feet to 5,131 feet were...
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