PHC is earning a 100% working interest and 80% net-revenue interest in the Ardery 11-1 well and 640 surrounding lease acres by reworking the well. Production from the Morrow Sandstone began in June 2024 and remained low-volume in FY2026. Cumulative disclosed output was 733.80 barrels for US$38,904.67 of net revenue, while St. Louis production depends on an economical emulsion and water-disposal solution.
- Country
- United States
- Stage
- Production