Southlake Resources Group along with JBH Consulting Group announced that production is now underway on its new oil well on the Betty Betz lease in Ness County, Kan.
The well is currently producing between 42-48 bo/d with minimal water.
The Betty Betz well was completed in late September with great results. During the first few days on pump, the well showed potential of producing well over 120 bo/d. The operator, along with the interest owners, decided for long-term reasons to produce the well at or around the 50 bo/d mark.
The well is one of several working interest positions both companies have in the area with Palomino Petroleum as their operator.
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