Daybreak Oil and Gas, Inc., a Washington corporation, has announced the results of the second well in the current drilling program at the East Slopes Project in Kern County, California. The Bear #6 well was drilled to 2,153 feet and estimated to have approximately 25 feet of oil pay in the Vedder Sand. This drilling rig will now be moved to the Black #2 well location.
The company owns a 37.5 per cent working interest in the Bear wells and a 33.75 per cent working interest in the Black #2 well. A second drilling rig has arrived on the company’s Sunday #5 location. The Sunday #5 well was spud in May, 2013, and drilling operations are currently underway. After the completion of the Sunday #5 well, the second rig will move to the company’s Chimney prospect to drill the Chimney #1-1 exploratory well.
“As a result of our current success, and to maximize the use of the drilling rigs and equipment, the Company and its partners have elected to drill the Ball #2-11 during this current drilling program,” said President and CEO, James. F. Westmoreland. “The Ball #2-11 well will further define our Ball prospect discovery that we made two years ago. This well, if successful, will prove up several more development opportunities on this property.”