Daybreak Oil and Gas, Inc. (OTCQB:DBRM) reported that its Gerald Grove H-9 and H-10 wells at the Twin Bottoms Field in Kentucky were put on production on June 30, 2014.
As quoted in the press release:
The combined initial flow rate from both wells is approximately 630 barrels of oil and 150 Mcf of natural gas per day. Separately, the Gerald Grove H-9 well initial flow rate is approximately 340 barrels of oil and 75 Mcf per day of natural gas. The Gerald Grove H-10 well initial flow rate is approximately 290 barrels of oil per day and 75 Mcf per day of natural gas.
Daybreak President and CEO, James F. Westmoreland, said:
We are very pleased with the continued successful results that we are seeing in Kentucky, and look forward to advancing our business plan to generate a sustainable base of cash flow that will allow the Company to further expand its business in both California and Kentucky.
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