FieldPoint Petroleum Corp. announced that it has re-completed the Korczak Federal #1 in the lower Wolfcamp formation and the well is flowing 425 mcfd and 230 barrels of oil per day on a 20/64 choke at 600psi. At this time, there has been no further stimulation necessary. We will monitor the pressures and flow rates to determine if a frac will be required to maintain or increase production. It is too early for us to be able to predict sustained future flow rates. :theflyonthewall.com
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