Printer Friendly

VINTAGE PETROLEUM ANNOUNCES ARBUCKLE DISCOVERY

 VINTAGE PETROLEUM ANNOUNCES ARBUCKLE DISCOVERY
 TULSA, Okla., Nov. 11 /PRNewswire/ -- Vintage Petroleum Inc.


(NYSE: VPI) today announced a discovery in the Arbuckle zone in Carter County, Oklahoma. During completion test, the Hewitt 1-16 well flowed 506 barrels of oil, 228 barrels of water, and 734 MCF of gas per day. The discovery allowable for the well is expected to be 295 BOPD. Vintage is the operator and owns a 100 percent working interest before payout and an 86 percent working interest after payout. Construction of production facilities is in progress and the company plans to spud two delineation wells by year end.
 Vintage Petroleum Inc. is an independent energy company engaged in the acquisition, exploitation and development of oil and gas properties and the marketing of natural gas and crude oil. Company headquarters are in Tulsa, and its common shares are traded on the NYSE under the symbol VPI.
 -0- 11/11/92
 /CONTACT: William C. Barnes, senior vice president and chief financial officer, 918-592-0101/
 (VPI) CO: Vintage Petroleum Inc. ST: Oklahoma IN: OIL SU:


TM -- SF007 -- 9656 11/11/92 10:17 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 11, 1992
Words:184
Previous Article:DETROIT EDISON OCTOBER SALES HOLD STEADY
Next Article:HOSPITAL STAFFING SERVICES TERMINATES PLANS TO ACQUIRE HOME HEALTHCARE COMPANIES
Topics:


Related Articles
VINTAGE PETROLEUM ANNOUNCES WELL COMPLETION
VINTAGE PETROLEUM: HEWITT DEEP PROSPECT DEVELOPMENT SUSPENDED
VINTAGE PETROLEUM REPORTS RECORD FIRST QUARTER RESULTS; SETS RECORDS IN PRODUCTION, OIL AND GAS SALES, EARNINGS AND CASH FLOW
Vintage Petroleum Announces Exploration Success In Galveston Bay, Texas
Vintage Petroleum Announces Continued Exploration Success in Galveston Bay, Texas
Vintage Petroleum Announces Fifth Consecutive Exploration Success in Galveston Bay, Texas
Vintage Petroleum Announces Sixth Consecutive Exploration Success in Galveston Bay, Texas
Vintage Petroleum Announces Exploration Success in Galveston Bay, Texas and Initiation of Production from Onshore Texas Discovery
Vintage Petroleum Announces Exploration Success in Cedar Point Prospect, Texas.
Vintage Petroleum Announces Trinidad Drilling Update.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters