CONCORD, ONTARIO — (Marketwired) — 12/05/14 — Rockefeller Hughes Corporation (TSX VENTURE: RHC) (“Rockefeller” or the “Company”), listed on the TSX Venture Exchange (“RHC”), is pleased to provide the following company and operational update.
The previously announced Vann #4 well, in which RHC holds a 35% working interest, did not perform to management–s satisfaction. Along with our partner, we have decided not to proceed with completing the well.
The Company reworked the Wright 1H well in its Halo Prospect in Robertson County, Texas, resulting in an 80 barrel a day increase in production.
The Company expects to begin testing of the Pryor 1H dual Buda/Georgetown horizontal lateral well within the next ten days. As mentioned in a previous press release, this well is in the Halo Prospect in Robertson County, Texas. The Company holds a 100% working interest in this well.
About Rockefeller Hughes Corporation
Rockefeller is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. The Company is listed on the TSX Venture Exchange under the symbol RHC. There are currently 73,956,170 shares issued and outstanding. For additional details please visit Rockefeller–s website at .
Forward-Looking Statements
Certain statements contained in this news release constitute forward looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, –may”, “will”, “project”, “should”, –believe”, and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements are based on reasonable assumption but no assurance can be given that these expectations will prove to be correct and the forward-looking statements included in this news release should not be unduly relied upon.
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Contacts:
Rockefeller Hughes Corporation
Gary Lancaster
B: (281) 670-0012
Email: