Total oil production from the 2018 EWT has reached 13 920 bbls, approximately 2.21 million litres, with gross oil sales of approximately US$1.1 million.
Drilling & production - 16 November 2018
The Vaca Muerta Shale Basin in Argentina is the only unconventional play outside of North America where activity has already made the transition from exploration to full-scale development.
The company, which currently owns 13 oil leases, has successfully started production at its Potts lease, Indiana. This means the company has now been officially classified as an operator by the state’s Department of Natural Resources (DNR).