Westbridge Energy Corporation provide the following update to investors as it relates to the Wharton County Field in Wharton County, Texas, the Bivens Field in Beauregard Parish, Louisiana, the planned merger with Black Pearl Holdings, LLC (Black Pearl) and its strategic direction going forward.
Wharton County Field
The Wharton County #3 ("WC#3") well has been successfully drilled to a total depth of 10,000 feet (3,048 meters) and encountered 47 feet (14.3 meters) of gross objective interval with 25 to 30 feet (7.6 to 9.1 meters) of net pay in the Lower Frio section of the field, as announced on July 16, 2014.
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