The A-1 location is part of a 5,680-acre leasehold obtained through an earn-in agreement with Anadarko E&P Company, L.P., a subsidiary of Anadarko Petroleum Corporation, in November 2006 and local landowners.
Following the drilling and evaluation of the A-1 well, Daybreak will continue its current multi-well drilling program by drilling the Tensas Farms et al "F-2" prospect located approximately 3/4 mile south of the F-1 discovery. The F-2 well is expected to test the oil leg of the Basal Tuscaloosa Formation that Daybreak encountered in each of the initial three wells drilled in this field; and, which has been productive in both the F-1 and F-3 wells.
Daybreak Oil and Gas, Inc. is the Operator of this project and controls pipeline infrastructure in the immediate area for economic hookup into local sales lines.
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