RyHolland Fielder Inc. has recently announced that it has four new wells on the Snyder Seales ranch in Callahan county, Texas, producing approximately 25 b/o per day in the initial production.
"These new wells in the Hope Sands have much higher pressures than the Hope Sands wells on the south side of the Synder Seales ranch. We think this virgin oil and gas accumulation is due to a huge uplifting and structural high on the north side of the Snyder Seales ranch. We think we have a new oil field," said Ron Walblay, president and owner of RyHolland Fieder Inc.
Walblay is seeking accredited investors for partnership opportunities, while they drill more new oil wells and expand the field.
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