Xun Energy, Inc. has commenced the completion of #15 on the Rice Lease, Venango County, PA.

As of May 22, 2014, the Company's operator, Vencedor Energy Partners (VEP), reported that the electricity service to the Rice lease has been installed with transformer set. Wet weather has caused a delay in having the service rig set due to water saturated site access roads and field.

The service rig should be spotted over the weekend with correlating and notching scheduled for May 27, 2014, weather permitting. Fracking of the oil well is scheduled for later in the week after the Rice #15 is notched.

Tags: Xun Energy