U.S. Petroleum Logs Pay at First Redfork Well

U.S. Petroleum announced the successful drilling of the first well (County Line # 1) on its Redfork prospect in Oklahoma. The well is scheduled for completion this month. Drilling of the second well (County Line # 2) on the Redfork prospect is expected to commence in March this year.

The first well (Shepherd # 1) on U.S. Petroleum Corporation's Senora prospect in Oklahoma has been completed successfully. The second well (Rivera # 1) on the Senora prospect is scheduled to be drilled next month.

U.S. Petroleum Corporation owns overriding royalty interests ranging from 1.25% to 7.5% in the leases comprising the Redfork prospect and a 5% overriding royalty interest in the leases comprising the Senora prospect.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles
Related Articles

Brent Crude Oil : $52.42/BBL 2.12%
Light Crude Oil : $49.51/BBL 2.35%
Natural Gas : $3.17/MMBtu 2.25%
Updated in last 24 hours