Lexaria Corp. report that the earlier-announced workovers on the 12-1 and 12-3 wells have been completed on schedule, and the Company has resumed oil production from these two wells.

Lexaria is pleased that the new oil production rates are higher than expected, and in the case of the 12-1 well, the latest production rates are higher than those of the Initial Production when this well was originally completed.

For the 10 days from May 21 to May 30 inclusive, the 12-1 well has produced 1,280 barrels of oil, and the 12-3 has produced 741 barrels of oil. These are average production rates of 128.0 bbls/d for the 12-1, and 74.1 bbls/d for the 12-3 during this initial production period.

Tags: Lexaria Corp.