Upon the completion of a well drilling program in Southern Texas, Brighton Oil expects that revenues will increase over $850,000 per month. They are currently testing existing wells and are preparing to drill four new wells in the next several weeks.
In addition to the project in Texas, the company has also increased its position in a 25 year lease located in Kansas. It is expected that Brighton Oil will generate revenues of approximately $450,000 per month. They are currently preparing to move a rig onsite by the end of this month to begin drilling.
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