DBRM
The Gilbertown Field
This page last updated 07/01/2009
Choctaw County, Alabama
In December 2006 Daybreak acquired a working interest in the field by agreeing
to participate in the workover and repair of 19 existing wellbores. Between
December 2006 and April 2007, Daybreak increased its working interest in
the field to 12.5%. On June 1, 2007 Daybreak became the operator of the
Gilbertown Field. As a result of this program, the daily oil production
has risen from 25 BOPD to approximetly 85 BOPD.
Daybreak has entered into an agreement to sell its
working interest in this field for $50,000. The pending sale is expected
to close during the summer of 2009.