| FieldPoint Petroleum announced in October that it had re-completed the Korczak Federal #1 in the lower Wolfcamp formation and the well was flowing 425 mcfd and 230 barrels of oil per day on a 20/64 choke at 600psi. We are very pleased to announce today that after almost a month, and with no additional stimulation, production has held steady. It is still too early to be able to predict sustained flow rates, but this is very encouraging data. :theflyonthewall.com |
