Just this week, New York-listed Ring Energy released highly anticipated results from two of its first three San Andres horizontal wells.
The first two, Augustus 1H and the Tiberius 1H, have now been on production for around 45 days and boasted 24-hour gross initial production tests of, 602 barrels of oil equivalent per day and 448 boepd, respectively. The oil cut is 95%.
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