Enerbrite Technologies Group on Target to Hit Production Goals
Enerbrite Technologies Group is on target in meeting its increased oil production goals from its 76 existing wells in Johnson County, Kentucky. The Company anticipates reaching 2,280 barrels in monthly production later this year based on reworking and repairing the existing wells located on the 304 acre parcel.
"The Company is excited about the opportunity to continue to expand its production capacity and with the price of oil rising, the timing could not be better,'' said Jack L. Stapleton, President of Enerbrite Technologies. "We look forward to updating our shareholders shortly on the progress we are making in the field.''