Brinx Resources reported that drilling of a second well at the Company's successful OK-4 Oklahoma oil and gas exploration project has begun.
The OK-4 #2 well is expected to take approximately two-three weeks to reach total depth and is targeting hydrocarbon bearing sands similar to that encountered at the OK-4 #1 discovery well location approximately one mile to the north and the 09-3 #2 well located less than one-half mile to the east.
As previously announced, electric well logs and a drill stem test that flowed both oil and gas to the surface during initial testing indicate the strong likelihood that both the OK-4 #1 and 09-3 #2 wells will be additional producing wells for the Company. The OK-4 #1 and 09-3 #2 wells are currently undergoing the final stages of completion prior to production.
"We are very pleased to see this new well get started on schedule in spite of less than ideal weather conditions," said Leroy Halterman, President of Brinx Resources. "With springtime on the near horizon, we hope to be able to move quickly with final development of the numerous successful wells already drilled by our partnerships."
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