Barnwell Industries invests over $5,000,000 into Permian Basin drilling opportunity
Barnwell has acquired a non-operated working interest in a two-well pad consisting of 10,000’ laterals targeting the Wolfcamp Formation in Loving and Ward Counties, Texas. Initial production is expected in Barnwell's second fiscal quarter.
United States Bone Spring Alexanderc Kinzler Barnwell Industries Chief Executive Officer Wolfcamp Formation
Source: worldoil.com