Aztec Participates in Tx. Drilling
Aztec O&G announced its participation in the Welder A36 well located in San Patricio County, Texas.
The well was an infield test near Sinton, Texas. It was drilled to a depth of approximately 6,112 feet and encountered 7 to 10 zones of interest. Cores and formation tests were run and the well was completed at approximately 5,815 feet. Through the last several days of December, the well was averaging 31 BOPD and 30 MCFGPD. Internal log evaluations indicate possible total reserves of 50-80,000 barrels of oil (BO) for the well.
"Aztec is pleased to be able to continue to mix this type of project into our existing partnerships along with our ongoing shallow oil programs," stated Waylan Johnson, President of Aztec Oil & Gas, Inc. He further stated, "I cannot say enough about the track record and depth of our management team, consultants and partners that bring us a flow of opportunities, like the Welder project, to build our corporate and partnership income streams."