American Resource Technologies, Inc. has been informed by the operator that the initial swab testing of the Linn 1-08 located in Montgomery County, Kansas has been completed. The result from three fifteen-minute swabs was the recovery of approximately 4 barrels of fluid per hour with an oil cut of approximately 30%. While swab tests do not necessarily result in actual production, this recovery indicates that the well may be able to produce in excess of 100 barrels of fluid per day and if the oil-water ratio remains constant the well could produce in excess 30 barrels of oil per day. The Company is pleased and encouraged by these results.
About American Resource Technologies, Inc.
The company is based in Lewisville, Texas. Additional information about the Company is available at www.arur.us