PetroSun reported that the Muslow #1 has been producing at a rate of 15 barrels of oil and 50,000 cubic feet of gas each day from the Paluxy formation during the month of June. The company has executed division orders for oil and gas production payments as a working interest owner.
The operator and working interest partners will be investigating the location and targeted depth of the initial development on the Muslow tract in the near future.
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