Welling Resources Announces Latest Results of Permian Basin Development
FORT WORTH, Texas, Feb. 14, 2013 /PRNewswire-iReach/ -- Welling Resources announced today the latest results from the Hawkins #4 well in Coleman County, TX. The Hawkins #4 was drilled to a total depth of 3,262' ft. on Friday, February 1st.
(Photo: http://photos.prnewswire.com/prnh/20130214/CG59960)
"We are excited about the #4 well which is further solidifying the trend and confirming our structure. We had about 10' ft. of gross pay in the Morris sand and are looking forward to completing the well shortly," said H. Deke Welling , President of Welling Resources.
This well marks the second straight well hit on the Hawkins lease and the twelfth well hit in the trend. Welling Resources plans to assist in the continuation of the development moving onto the South Hawkins lease later this year.
Mr. Welling also stated, "we can not be more pleased with our partners and the job they are doing. We feel we have created a lucrative relationship with Balanced Energy and look forward to continued success."
About Welling Resources:
Welling Resources (the "Company") is an independent oil and gas exploration and production company based in Fort Worth, Texas. The Company is currently focusing on areas within the Permian Basin in west Texas. The Company is also a licensed and bonded operator with Texas Railroad Commission.
Media Contact: Public Relations Welling Resources, (888)993-5737, info@welres.com
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Welling Resources
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