Wright Drilling & Exploration Announces Their Fourth Successful Oil Well Project in Oklahoma
FOR IMMEDIATE RELEASE (VIEW PDF)
February 6, 2017
Okfuskee County, Oklahoma – Wright Drilling & Exploration, Inc. announced today the successful drilling and testing of their new oil well project, LOMA LINDA #2, located northwest of Okemah in Okfuskee County, Oklahoma.
Wright Drilling & Exploration began site construction on January 22nd, spud well on February 1st, and drilled to its total depth (TD) of over 3,700 feet with seven days. Log evaluations taken from the new wellbore confirmed the presence of multiple hydrocarbon bearing zones allowing this well to go into its completion mode for oil production.
“Our partners are very excited about the continued success we’re having with our offset drilling projects,” said Scott M. Casper, President of Wright Drilling & Exploration. “2017 is off to a great start with our goal to drill a new project every month this year.”
Wright Drilling & Exploration, Inc. is an emergent North Texas-based oil and gas exploration investment company specializing in creating Limited Liability Companies for direct participation drilling and exploration ventures for accredited investors. Oil and natural gas investments can provide tremendous tax benefits to its investors.