DonRay Petroleum, LLC Announces Completion of the DRP Grace #47 Well


Oklahoma City, Okla. – DonRay Petroleum, LLC, a privately held oil and gas company located in Oklahoma City, today announced the completion of the DRP Grace #47 joint venture well in Noble, County, Okla.

The DRP Grace #47 well began production in January 2013 at approximately two barrels of oil, 35,000 cubic feet of gas and 600 barrels of salt water per day. In April 2013 the well was recompleted and began producing approximately three to four barrels of oil, 6,000 cubic feet of gas and 900 barrels of salt water per day. The well is scheduled to be completed in another formation in February 2014.

“This joint venture well has not responded favorably to the completion so far, yet still has production potential in two shallower formations,” said Ray Corbitt Jr., president and joint venture manager of DonRay Petroleum, LLC.“We are hopeful that one of them will be profitable.”

About DonRay Petroleum, LLC

DonRay Petroleum, LLC is a privately held company that engages in Joint Ventures with private investors for the purpose of oil and gas exploration, production, operating and return on investment.
DonRay Petroleum, LLC secures the services of professionals such as exploration companies, geologists, petroleum engineers, landmen, drilling, completion and production consultants, attorneys and accounting firms specializing in oil and gas. DonRay Petroleum, LLC was founded in 2004 in Oklahoma City by Ray Corbitt, Jr. and is a privately held company.
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Contact Information:
DonRay Petroleum, LLC
Attn: Ray Corbitt, Jr.
2525 NW. Expressway, Suite 640
Oklahoma City, OK 73112
Office Phone: 405-418-4348
Toll-Free Phone: 866-525-8202

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