RED Fork has made a potential oil discovery at the Redfork 1-18 well at its Osage project in Oklahoma, with a log analysis highlighting several hydrocarbon-bearing formations in the well bore.
The company said about 10-12 feet of potentially productive sands in the Simpson Sands formation, after the well reached total depth of 2275ft on Saturday.
According to Red Fork, the results confirm and enhance the production potential of the Simpson Sand formation within the Osage project.
Red Fork said it now plans to complete operations and production testing as soon as possible.
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