Northcote Energy confirmed it successfully improved the infrastructure framework at its Zink Ranch Project in Oklahoma, enabling increased production rates.
The move saw the recompletions of four wells, two of which are now in production. The completed work will now enable the company to manage an anticipated increase in gas and fluid flow. The firm is also equipped to begin drilling four new vertical wells on site.
Elsewhere, the exploration company is due to begin the work-over of the Lutcher Moore well at its Shoats Creek Project in Louisiana.
Northcote chief executive Randy Connally said: “With infrastructure improvements now complete, we are positioned to increase net production in the near term and we look forward to evaluating the production rates.
“We now have two wells online at this asset and we are positive that we will see an increase in production as a result of these low cost/ high impact recompletion initiatives.
“We benefit from having control of our portfolio through majority interest or operatorship of our core assets and this provides us with flexibility in terms of our ongoing work programme.
“We are excited about Shoats Creek’s potential and we have made the decision to commence a workover at one of these wells. I look forward to providing updates regarding the results of all these initiatives and an updated total production figure in the coming weeks.”
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