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Abilene Oil and Gas producing oil from Kansas project

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Abilene Oil and Gas’ (ASX:ABL) first Central Kansas Uplift Project well has produced at an average rate of 52 barrels of oil per day over the first 30 days of period.

The company has a 49% net working interest in leases covering 15,663 acres of the Russell, Rice, Ellsworth and Barton Counties, Kansas.

These are initial rates and subject to change as production potential is established.
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The second and third wells have also commenced production .

Further drilling plans are currently under evaluation and the company will advise as specific plans are approved.



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Quick facts: Abilene Oil & Gas Ltd

Price: 0.003 AUD

ASX:ABL
Market: ASX
Market Cap: $1.19 m
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