ADVANCE Energy says its operator North American Energy has started a five-well drilling and workover program to boost output at its producing assets in Palo Pinto County in Texas.
Three workovers are aimed at increasing production on its Possum Kingdom project and two will target behind pipe assets in the Lone Camp Project.
Advance said the campaign was designed to bring oil reserves online through well bores.
“The program will require minimal capital expenditure and have the potential to significantly raise the daily net production attributable to the company,” it said.
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