22 Feb 2017drilling progress report▲ Good
The company said it reworked two wells in the Duck Creek project (acquired with Tiger Energy Partners International on December 30, 2016) and sold 560 barrels of oil in January 2017. It plans to rework two more shut-in wells over the next 60 days and expects February production to at least match January. This is the first reported oil sales, following the Utah acquisition; the volume is small and the forecasts are management's expectations.