Alamo provided a drilling update on the H.V. Taylor Lease located on 55 acres, Adair County, Kentucky.
The drilling phase of the five well program in Adair County has been completed with the wells encountering hydrocarbons in the Granville, Murfreesboro and Knox formations. The wellbores have been videoed and prepared for a high definition triple combo logging and sidewall core sampling. Following analysis of the data, the well completion designs will be optimized and the wells will be completed and put on production.
Allan Millmaker, Alamo's Chief Executive Officer, visited the well locations and reported he was very encouraged by the results so far and looked forward to commencing production.
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