BNK Petroleum Completes Drilling Well in Oklahoma

BNK Petroleum (TSX:BKX) is pleased to announce that it has successfully drilled and cased the Brock 4-2H well in the company’s Caney shale oil acreage in the Tishomingo Field which is located in the SCOOP region in Oklahoma.

BNK Petroleum is an international oil and gas exploration and production company focused on finding a unconventional oil and gas resource plays.

As quoted from the press release:

“Our team drilled the Brock 4-2H well safely and under budget. The hydrocarbon shows recorded while drilling the lateral look comparable to our best wells. Based on everything we’ve seen, we expect the Brock 4-2H well to be another of our top performing wells once the well has been fracture stimulated,” said Wolf Regener, president and CEO.

The major oil company that owns the minority interest in the Brock 4-2H well is preparing to drill the Anderson 1-5H10X3 well, in which BNK has a 33 percent working interest. The Anderson 1-5H10X3 is a planned two mile lateral also targeting the Caney formation and offsetting the Brock 4-2H well. The well is expected to begin drilling on September 24.

The completion of the Brock 4-2H well is being scheduled to commence after the casing has been set in the Anderson 1-5H10X3 well, to avoid the frack interfering with the drilling of the Anderson well. The two companies are working on co-ordinating the scheduling of simultaneous fracture stimulations once the Anderson well drilling rig has been released.

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