FAR said the Rainosek-3 well (FAR - 20%), located in Lavacca County Texas, has been perforated over the Middle Wilcox interval from 7,834 to 7,844 feet.

It flowed oil at the rate 240 barrels per day with associated solution gas on a 22/64 inch choke at a flowing tubing pressure of 950 psi.

FAR said the well was then choked back to an 8/64 inch choke and tested at the rate of 140 barrels per day with an increase in flowing tubing pressure to 1,250 psi.

FAR's Rainosek development project is located in a 632 acre leasehold area to the southeast of the Word Field area and includes two producing wells and associated production equipment including tanks and pipelines.

The operator is Texas-based Trio Operating Company.