Stanley Project

  • The project produced a gross profit of over $500,000 in the 2020 year
  • Stanley 5 is in planning for 2nd quarter
  • Stanley has 100% success rate with oil production from four wells drilled to date
  • Stanley 3 and 4 continue to flow without artificial lift.
  • Stanley 2 has recently been placed on artificial lift (pump-jack) and that is also planned for Stanley-1
  • Based on the excellent results and the 3D seismic, further drilling is planned in 2021

 

Pump jack operating at Stanley-2