2016 - 2017

2016

  • January, 2016 - Fletcher Petroleum Corp. has obtained a permit to drill the Findley 2-5 well which is located in Conecuh County, Alabama. The 2-5 Findley well will be drilled in the Smackover formation. Currently, we have started construction on the lease site.
  • March, 2016 - On March 8th, Fletcher Petroleum Corp. began the process of moving in Energy Drilling Rig #12. On March 11th, the Findley 2-5 was spudded.
  • May, 2016 - The Findley 2-5 was completed and tested at 350 bopd, 80 mcfpd at 625 psi on 14/64 choke.  The facility was completed and the well officially came on line Mid May,  2016 producing over 300bopd. 
  • July, 2016 - Fletcher Petroleum Corp. will be participating in the Cedar Creek L&T 3-7 Sklar Exploration well which is an offset to the Fletcher Petroleum Findley 2-5 well. The 3-7 Cedar Creek L&T Well is presently being drilled.
  • August, 2016 - Fletcher Petroleum Corp. is pleased to announce that Sklar Exploration has cased the Cedar Creek L&T 3-7 well.
  • September, 2016 - Fletcher Petroleum Corp. has obtained a permit to drill the Pate 3-9 well located in Conecuh County, Alabama. Construction on the location has begun and the drilling rig is scheduled to move onto location the beginning of September.
  • December, 2016 - Update - Fletcher Petroleum completed drilling the Pate 3-9 well along with the facility construction. The Pate 3-9 was put online in December 2016.

2017

  • January, 2017 - Fletcher Petroleum is pleased to announce the acquisition of a gross 1.1 mmcfd, low-decline, long-life Deep Wilcox gas play.  A low-cost-to-operate processing facility with a sales gas compressor is included in the purchase.
  • May, 2017 - Fletcher Petroleum has permitted and drilled a successful well in Conecuh County, Alabama. The Pate 2-12 well was spudded on May 26, 2017 and is set to have the facility construction completed and the well on line on July 21, 2017.
  • June, 2017 - Fletcher Petroleum is pleased to announce the acquisition of 20 wells on 960 acres in Jones County, Texas. The acquisition comes with a central oil battery and a water disposal facility. The acquisition gives Fletcher Petroleum multiple drilling locations as well as recompletions in the Ellenberger, Strawn, Palo Pinto, Gunsight, Cisco Reef, Hope Limestone and Flippen Limestone formations.
  • July, 2017 - Fletcher Petroleum is pleased to announce the closing of an acquisition of 6500 net acres located in DeWitt County, Texas. The deep Wilcox formation sands are currently producing approximately 350 boepd. 
  • September, 2017 - Fletcher Petroleum is participating in drilling the Lizzie Johnson 26-10 #1 well located in Brooklyn field, Conecuh County, Alabama. Rapad Drilling Rig #35 began drilling on July 27, 2017 and we are very pleased to announce the well has been completed and was very successful.
  • December, 2017 - Fletcher Petroleum is currently drilling the Pate 11-2 #1 well located in Conecuh, Co., Alabama. WT Drilling Rig 18 rig spudded the well on December 1, 2017.