Winchester Fifth Well at the New Mustang Demonstrates Excellent Oil & Gas Shows

  • Dec 23, 2019 AEDT
  • Team Kalkine

Winchester Energy Limited (ASX: WEL) announces that the fifth well drilled by the company- White Hat 39 # 2 at the Permian Basin Mustang Oil Field commenced drilling on 11 December 2019.

  • The drill reached its total depth of 7,061 feet to target the Strawn Sand.
  • The initial wireline log analysis indicates 30 feet of gross pay in the Strawn San, coinciding with excellent oil and gas shows.
  • The well is 20 feet high to the White Hat 20#5 which averaged over 150 barrels oil per day.
  • The well is scheduled to be completed as an oil producer.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK