Wizard Lake Rex Oil Discovery

Wednesday, January 23, 2019 10:00 AM +11:00

Wizard Lake Rex Oil Discovery0:006:02
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WHITEBARK ENERGY LTD
David Messina

Whitebark Energy (ASX : WBE) stands to increase its oil production by more than 200%, after flow testing of the Wizard Lake Rex horizontal oil well recorded production rates of 305 barrels of oil per day prior to the completion of testing, establishing the production capability of the reservoir. Oil cuts were trending upward through the stabilized flow period and indicate potential for further increases with full time production


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