United American Petroleum has announced that the recently drilled Rosser #4 well at its Bastrop County, Texas property is online and generating.
This project has initiated the company to develop this drilling program in order to completely use the oil pool that occurs in the Bastrop County through this project. This Bastrop project encompass above 400 acres, having presently drilled 10 existing wells with possible counteract sites.
The Bastrop winding fields is likely to produce from both the Austin Chalk and lower Buda structures. Besides seismic data, the Bastrop project has both geological and geophysical assessments that make the company to consider the presence of the major recoverable reserves potential.
Gabriel #9 well of the company, which is situated in the Bastrop project, is prepared and waiting for the electrical power to begin production. Within the next two weeks, the company is expecting the Gabriel #9 well to be online and producing. United will proclaim further information about drilling as the drilling progresses.
So far, the company has encountered development in its drilling program and has belief that the project would become a major oil and gas producer. The company will additionally develop this project in order to raise the value of the shareholders.
Source: http://www.unitedamericanpetroleum.com/