Current News Period of November 1 2008 to March 25 2010

Spring is breaking forth here in Oklahoma and with it comes longer days, less rainy muck, and greater opportunity to get things fixed.  I have a long list of projects to do, and a long list of conflicts that keep me bogged down.  Notably, taxes and financial, which I am horribly behind for this year.  As evidenced that I should have had this website updated months ago.  So there will be no rest for me until I can get over some of these obstacles. 

I think the key point I am right now is that we are still in the survival mode.  We have been so beat up the last year and a half, the company should have died about six times.  And there is not indication that I am free and clear of trouble at this time.  Killers lurk on every side, whether they are economic obstacles or those imposed by government.  All I can sat is that I will do my best to pull things through and try to get back on top again.

Clearly I have tried and tried to cut expenses, and that really isn't an option without a size reduction in the company.  A size reduction would also mean a revenue reduction, and in the end I think we would be just as much or more in a bind.  No the answer that seems to come now is to try to do something to break this 500 BBL/month barrier that I seem to have hit.  We really need to get to the 600-700 BBL/Month without substantially increasing our over head.  I think this can be achieved by enhancing our production on the Holland, Sanders, Scovel and Anderson leases.  As well as bringing the Anderson B on line. 

So that is the challenge, and it is time for me to get to work to make it happen

Just to catch up a bit on things that have happened since November 2008 the last update:

In Dec 2008 we needed to finish casing the Khan F-2 clean out and casing project.  This is the well we had got very stuck in the first time but persevered and did get down and tag the top of the Arbuckle, pulled out, got stuck, and never could get back to TD.  The plan was to go in the hole with a power swivel and clean the hole back to TD.  This we attempted, but found the hole had caved in significantly and we had to spend a great deal of time re-drilling.  In the end we hit metal again, went back in with a different bit, got totally hung in the hole and eventually, a cable broke on my pulling unit and the pole bent as is displayed on the home page photos.  Not only was the experience dangerous and frustrating but also became very expensive.  We did eventually prevail and get the well cased, but only to watch natural gas prices plummet.

I had to lay everyone off the winter and spring of 2009 and Heidi and I plugged along running everything ourselves.  While it may allow the company to survive, it doesn't allow me to get much done, having to check wells, pull them and have to do all the paper work too.  Along about summer of 2009 I started hiring some part time help and we started getting caught up and working on some projects again.

We overhauled the Bird Creek gearbox and got that lease running again after it had been off nearly a year.  Sadly it still only producing .5 BOPD and I am not sure if it will come back to the 2-3 BOPD it was or not.

Sheets 23 broke a bridle after a good run of making 3-4 BOPD by itself.  It never came back to what it was.  Now I am struggling to find the reasons why the lease can't seem to break over 4 BOPD.  I haven't solved it yet.

Sanders after a years pumping gradually started making oil a .75-1.0 BOPD.  It is finally in the black and has more potential as we can turn on some more wells.

In January 2010 I had a lucky day of having 5 wells break in one day and 2 more two days later, in some of the worst weather we have had.  We worked every living breathing second, trudging through mud and snow to pull the wells and get them working again.  I have never had so many wells break at one time before.  I was looking over my shoulder after that  for weeks.

They say the winter of 2009-2010 has been one of the worst, well I think it is true and I have had the gravel bill to prove it.  Our roads completely dissolved into mud this year and I have had to haul load after load of gravel to fix them.

And that just about brings us to the now.  We have just overhauled salt water pumps on Sheets and Holland.  We are building gates into Anderson B and getting ready to bring wells back on production on Holland