(MENAFN- ProactiveInvestors - Australia) Red Fork Energy (ASX: RFE) continues to build up its portfolio of producing wells with 10 horizontal Mississippian producers in Oklahoma now successfully completed for production.
Of these, eight wells are producing to sales through permanent production facilities.
These include the Warburton 1-23H well, which has just started flowback operations and is already producing an average of 75 barrels of oil per day to sales.
Production may rise as there is still a large amount of fluid over the pump.
A further two wells are currently undergoing testing while completion and reservoir stimulation is underway and/or set to commence on a further five wells.
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