Winchester Energy (ASX:WEL) has recovered oil from the White Hat 21#1 well in Nolan County, Texas, which is located just 2 kilometres northeast of the White Hat 20#1 discovery well.
Operator Carl E Gungoll Exploration LLC recovered 106 barrels of oil and 40 barrels of water while swabbing a 4.6 metre perforated zone.
Oil flowed intermittently between swab runs and the oil/water ratio was increasing.
The operator has ordered production equipment for the well and will set a removable casing plug and move up the casing to perforate and test a second interval in the Ellenburger Formation.
Winchester has a 50% working interest in the White Hat 21#1 well along with a 50% working interest in the surrounding 40 acre drilling unit.
It also has a 75% working interest in the 7,378 acres which surround and adjoin the White Hat 20#1 well.
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