JBH Consulting Group Announces Production Results on Its Chapman #1 Well
KANSAS CITY, Mo., Aug. 27 /PRNewswire/ -- JBH Consulting Group announced today that the Initial Production from its Chapman #1 well in Montague County, Texas is 50 Barrels of Oil.
Additionally, as of July 31st, the well was flowing naturally without Production equipment hooked up to the well. The pressures have remained consistent and the flow rates for the first 30 days of production have been anywhere from 45-70 Barrels of oil per day.
The company is awaiting completion procedures on another well in the area as well.
Brian Hudnall, President of JBH Consulting Group, said, "We are both very pleased and excited with the initial results of the Chapman #1 well. With the well flowing naturally and at this rate, you couldn't ask for much more than that."
JBH Consulting Group is a 25% Working Interest Owner in the Chapman #1 well. SunCoast Technical Services out of Plano, Texas is the operator on record.
About JBH Consulting Group:
JBH Consulting Group is a private oil and gas company headquartered in Kansas City, Missouri. Further information can be found on the Company's website at www.jbhconsultinggroup.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Forward-looking statements in this release do not constitute guarantees of future performance. Such forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. Forward-looking statements in this document include statements regarding the Company's exploration, drilling, and development plans, the Company's expectations regarding the timing and success of such programs. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the prices of oil and gas, uncertainties inherent in estimating quantities of oil and gas reserves and projecting future rates of production and timing of development activities, competition, operating risks, acquisition risks, liquidity and capital requirements, the effects of governmental regulation, adverse changes in the market for the Company's oil and gas production, dependence upon third-party vendors, and other risks associated with the oil and gas market. We assume no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contact: |
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Brian Hudnall |
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(816) 792-5786 |
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SOURCE JBH Consulting Group
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