Adino Energy Drills Second Well at James Leonard Lease in Texas
Adino Energy is a developing oil and gas exploration and production firm, which is focused on oilfield assets having work over, major redevelopment and enhanced oil recovery (EOR) prospective. It also has a fuel terminal business based in the Houston area, Texas.
The company has commenced drilling the second well at the James Leonard lease in southeast Coleman County, Texas. Fry Sand at around 1,200 feet is the main target pay zone. Adino Energy is holding 100% working interest in the James Leonard lease.
This drilling is another key highlight in the production business and oil and gas exploration for Adino. The company keeps collecting data and improves the drilling operations and it will extensively enhance the development pace in the upcoming months.
The company is concentrating on increasing working cash flow for through drilling at low cost. The financial side of the Permian shallow wells has turned out exceptional cash profits with the primary production in single digit also.
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Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.
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