Victory Energy has begun drilling the Rosenquist #1 well, which is located in the Jones County prospect in north-central Texas, US.
The Rosenquist well is supported by 3D seismic data and is part of the Jones County multi-well drilling programme.
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The well will be drilled to a total depth of 4,700ft.
The previously drilled wells on the Jones County prospect produce over 2,000 barrels of oil per month.
Drilling at the prospect will target 20,000-45,000 barrels of recoverable oil per well, with natural gas as the secondary target.
Victor Energy, through its partnership with Aurora Energy Partners, holds a 5% working interest and a 3.75% net revenue interest in the Jones County prospect.
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