Oklahoma City, OK, 14 April 2014 -- DonRay Petroleum, LLC, a privately held oil and gas company located in Oklahoma City, today announced the completion of the DRP Grace #43 joint venture well in Noble, County, Okla.
The DRP Grace #43well began production in February 2013at approximately twobarrels of oil, and 1,200barrels of salt water per day.By July 2013the well had increased to approximately twobarrels of oil, 40,000cubic feet of gas and 1200 barrels of salt water per day.
By the end od December 2013, the production increased to approximately two barrels of oil, 90,000 cubic feet of gas and 1,000 barrels of salt water per day. In February 2014, the well is scheduled to be recompleted again attempting to improve the daily production.
“This joint venture well has not responded as expected,” said Ray Corbitt Jr., president and joint venture manager of DonRay Petroleum, LLC. “We are hopeful that the pending recompleting will be successful.”
About DonRay Petroleum, LLC
DonRay Petroleum, LLC secures the services of professionals such as exploration companies, geologists, petroleum engineers, landmen, drilling, completion and production consultants, attorneys and accounting firms specializing in oil and gas. DonRay Petroleum, LLC was founded in 2004 in Oklahoma City by Ray Corbitt, Jr. and is a privately held company.
To learn more, go to http://donraypetroleum.com or call toll-free (866) 525-8202.
Contact Information: DonRay Petroleum, LLC Attn: Ray Corbitt, Jr. 2525 NW. Expressway, Suite 640 Oklahoma City, OK 73112 Office Phone: 405-418-4348 Toll-Free Phone: 866-525-8202 Email: donraypetroleum@sbcglobal.net
Disclaimer Production and market prices may vary from month to month, therefore, DonRay Petroleum, LLC is not liable for production, future production or market prices.The press release for DonRay Petroleum, LLC is published for information purposes only. During the development of this press release, every effort has been made to provide only the most current, accurate and clearly expressed information possible. The data and information provided on our press release is for personal non-commercial usage. Neither the information or data presented on this site constitutes a solicitation or offer by DonRay Petroleum, LLC to buy or sell any products or services of any kind or to provide any investment advice or services. Additionally, DonRay Petroleum, LLC disclaims any responsibility for errors or typos and the accuracy of any information found on third party websites. DonRay Petroleum, LLC does not provide specific investment advice to any individual reviewing our website.
No comments:
Post a Comment