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Abilene Oil and Gas recovers oil from Kansas well

Abilene Oil and Gas recovers oil from Kansas well

Abilene Oil and Gas (ASX:ABL), formerly World Oil Resources, has recovered oil during drill stem testing of the first well at the Central Kansas Uplift Project in the U.S.

Operator CMX and the company now plan to complete the well with casing.

The production capability of the well will not be known or confirmed until the well is put on production, which is expected to be carried out in the first quarter of 2015.

The primary target at the Claflin 1-35 well was intersected high to prognosis.

Abilene expects to drill 10 wells at the project through 2015.

 

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