Project update - Lippincott#17 & W.2. projects - wells being put online this week
Good Morning,
Happy to announce our bonding has been completed and we can sell our oil. Truth Resources, LLC will be our oil purchaser from all leases and will be paid a bonus over WTI price because of our quality of oil.
We should have 5 wells on line by tomorrow after tie in our master electrical panels.
W2 lease should be on line after replacement of stolen SWD pumps and flow lines. Plus, the electric company is demanding an update on the master emergency turn off panel box. Hopefully, we are targeting the end of this week for 3-4 wells in production.
All wells will start production slowly to make sure we are not pulling too hard to possibly over produce the wells.
This finishes today's field report and please let me have and questions or concerns by email or text.
Regards
Pete