“Wheeler Resource Recovery announces it has broken ground on its 14th two-well package in its historically successful waterflood project in Madison County, Tx.
Drilling Well No. 14 brings Wheeler across the halfway point for the project, which the company indicates will involve 27 two-well packages. The company says it is using a unique five-spot water recovery process that delivers high returns, keeps risks low and provides investors with significant tax deductions.”
To read the full excerpt, visit American Oil and Gas Reporter’s January issue here.