Petrichor Energy Inc. (TSXV:PTP, FWB:YQN) has completed the casing, and installation of production equipment at Hinson #1 well. The well is now being evaluated for optimal initial production from the Caddo Lime, Marble Falls, Barnett Shale or Mississippi Lime formations. The company is pleased with the preliminary results of the well, which the operator successfully completed under budget and ahead of schedule. The production evaluation is expected to take approximately two weeks.
According to the company’s press release:
The Company owns a 66.67% working interest in the prospect, which covers 11,695.33 acres to date, located within Young County, Jack County, Archer County and Clay County, Texas.