Friendly Energy announced an increase in production from its five leases in Brown County, TX. Increased production has come from four Byler oil wells that were recently brought online, along with additional gas wells reworked on the South Thrifty Lease. The company is now producing over 70 barrels a day, which is up significantly from 22 barrels the company announced two weeks ago.
Doug Tallant, CEO of Friendly Energy, stated, "Our investment in infrastructure, work crews and our service rig is paying off. We are very pleased with these results so far and we are well on our way towards our goal of 300 barrels per day production by year end."
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