Amazing Energy Oil and Gas Continues Successful Well Completions in Permian Basin, Texas
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Amazing Energy Oil and Gas Co. has received the recent results from its Pecos County, Texas property.
“We have hundreds, perhaps thousands of wells to drill on our Pecos County property. We have been working diligently to perfect our completion technique. I think we have found a significant improvement based on the results of these successful wells,” said Reese Pinney, chief operating officer of the company.
“Most of the company’s current production comes from these more recent wells namely the No. 13, No. 14 and No. 15. Our planned workover program is expected to take the older wells up to this level of performance, laying the groundwork for new drilling. We are excited about getting 12 new locations surveyed and staked with two locations having the sites prepared for drilling,” added Pinney.
Art Seligman, the company’s CEO also stated that progress is being made on the Jilpetco transaction, along with a 2016 drilling program.
Amazing has assembled such a large inventory of low risk, quality developmental prospects in the Permian Basin. The company has a professional team to maximize the monetization of the property as quickly and efficiently as possible.
To stop by Amazing Energy’s website, CLICK HERE
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