Alamo to Maximize Production from Wv. Well

Alamo provided an update on the Valentine #1 Well, Ritchie County, West Virginia.

The recompletion of the Valentine #1 well drilled in 1981 targeted the upper shallow zones identified as the, 5th Sand formation from 2810' - 2714', Gordon sand from 2642' - 2528', 30 Foot Sand from 2348' - 2320', Gantz sand from 2294' - 2226' & Berea sand from 2196 - 2190' ft.

Following the successful frac, production of oil and natural gas has now commenced at a rate of approximately 100,000 cu.ft. of natural gas per day and oil at a rate of 1.85/bbl's per hour at 50/api gravity.

Allan Millmaker, Alamo's Chief Executive Officer, said, "We are pleased with the initial results from the well. With all 5 zones online we are looking forward to maximizing the oil and gas production from this well."

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