-Rio Bravo Oil completes drilling of DG Tiller #4H.
International Resource News-January 17, 2013--Rio Bravo Oil completes drilling of DG Tiller #4H(C)1994-2013 ENPublishing - http://www.enpublishing.co.uk
International Resource News - 17 January 2013
Rio Bravo Oil Inc (OTCBB: RIOB), a domestic onshore oil company, has completed the drilling of its first horizontal Edwards formation well, the DG Tiller #4H.
The well indicates the presence of hydrocarbon during drilling and has the potential to produce around 150 barrels of oil per day, and to cumulatively produce up to 250,000 barrels of oil.
The well is situated within the Salt Flat Field, in Luling, Texas. The company will complete the drilling of the well this week and it will be placed on production.
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