Advantagewon Provides Drilling Update. Drilling Has Been Completed.

Source Press Release
Company Advantagewon Oil Corp. 
Tags Strategy - Upstream, Upstream Activities
Date April 03, 2019

Advantagewon Oil Corp., (CSE: AOC), (OTCQB: ANTGF), (the “Corporation”, “Advantagewon”, “AOC”) provides an update on the drilling of the first well of the Corporation’s 2019 drilling program targeting the Poth “A” and “B” sands in the LaVernia area of Texas.
Drilling reached total depth on April 1, 2019 and logs were recorded for evaluation by the Corporation’s technical personnel. AOC management is pleased to report that the well logs show the target sand formations in the well were as predicted, and that they are 7 meters (23 feet) higher than the Corporation’s other nearby producing oil wells on the lease. There is also indication of a lower Poth “C” sand in this well. The “C” sand has been shown capable of oil production in wells in the area, some as close as 1.5 km (approximately 1 mile) from AOC’s new well. The well was cased on April 2, 2019 and will be perforated at the prospective sand levels a minimum of 72 hours after casing when the cement has properly set. Production testing on the three sand zones will be conducted on the Poth “A”, “B”, and “C” zones following perforation. Results will be released on completion of the production testing which is currently scheduled for April 15-19, 2019 subject to equipment availability.

Source: EvaluateEnergy® ©2019 EvaluateEnergy Ltd