The Muslow #1 has continued to produce 13-15 barrels of oil and 50-60 thousand cubic feet of gas per day, and a development well is expected to be drilled in the near future.
PetroSun also announced that the gross production from Holley #1D, Burson #1 and the Connell #1 located in Louisiana has reportedly produced 1,827 mcf of gas and 21.71 barrels of oil.
New Standard Exploration and PetroSun met last week in Arizona to finalize a drilling prognosis and initiate preliminary operations for the Lanagan A test, which is expected to be drilled before December. An inspection will be completed by the Operations Manager and Petroleum Geologist for the PetroSun / New Standard Exploration Joint Venture on the prospect.
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