Synergy Oil – Field Update – June
As May closes out and we move into June, day to day operations continue on all currently worked leases, but the primary focus has been on the North Perkins lease, and the Kay County lease; the excavation efforts on the North Perkins lease were coordinated by Newt Doughty.
In order to allow us to move the heavy equipment to the site, we widened, graveled, and leveled the roads. This is necessary to allow room and surface for transportation of the bull dozer, road grader, dump truck, and loader. As it is very costly to move this heavy equipment, with maintenance, fuel, and labor charges, it is in our best interest to limit the distance we need to move it. The first location has been built and graveled, with the 2nd and 3rd locations being prepared. We are all extremely excited now, as drilling is imminent.
Synergy Oil, LLC executives will be onsite in Oklahoma to witness drilling efforts, as well as escorting clients as our guests throughout the following week.
The Kay County development is being spear headed by Jim Witcraft. On this location, the Hecryk well was Jim’s focus. This well was previously pumped using the rod pumping method, which is unable to pump the viscus fluid produced by the well. After recovering 3000+ feet of production tubing from the well, the work over job has been sub contracted to a 3rd party.
If you are interested in coming down and visiting the Synergy team, or are an existing client who wishes to see the tangible assets they own a piece of, call your authorized representative, or complete the information request to get in touch with our outstanding team. Current investors who need an authorization code for the private section of the website should also call their representative for a passphrase.
Have a great week, and let’s celebrate a bright and prosperous future!
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