Richfield Oil & Gas Company has completed the installation of its second electricity cogeneration facility in its South Haven Field located in Sumner County, Kansas.
The Company will now install a second submersible pump in its South Haven Field which is anticipated being installed this week, subject to coordination of services. Richfield owns a 100% working interest and a 78.5% net revenue interest in its South Haven Field.
Having two submersible pumps running simultaneously is expected to meaningfully enhance production. We also intend to install a second submersible pump in the Company's Koelsch Field located in Stafford County, Kansas prior to the end of this month, subject to scheduling. Richfield owns an 85.5% working interest subject to a 79% net revenue interest in its Koelsch Field.
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Richfield Oil & Gas Company
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