Osage Exploration and Development, Inc. announce preliminary production results from the McNally 1-29MH and the McNally 1-20WH, located in Logan County, Oklahoma.

The McNally 1-29MH, a horizontal Mississippian well in Section 29-17N-2W, has reached a one-day production rate of 695 BOE. The product mix is 84% crude oil and 16% natural gas. Osage has approximately a 58% Working Interest in the well.

The McNally 1-20WH, a horizontal Woodford well in Section 20-17N-2W, has reached a one-day production rate of 611 BOE. The product mix is also 84% crude oil and 16% natural gas. Osage has approximately a 76% Working Interest in the well.

Tags: Osage Exploration and Development