Rockefeller Hughes Corporation
TSX VENTURE : RHC

Rockefeller Hughes Corporation

July 03, 2015 15:20 ET

Rockefeller Hughes Provides Update on Pryor #1H & Vann #4 ST Wells

CONCORD, ONTARIO--(Marketwired - July 3, 2015) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES.

Rockefeller Hughes Corporation ("Rockefeller" or the "Company") (TSX VENTURE:RHC) is pleased to provide an Operational Update on its Pryor #1H and Vann #4 ST Wells.

Pryor #1H - Robertson County, Texas

The Pryor #1H well is located in the Company's former 'Halo Prospect' for which the acreage was recently divested (see press the Company's press release dated June 12th). The Pryor 1H was completed and tested on December 12th of last year and initially flow tested 305 barrels of oil on the first day. Facilities were completed in January of this year and a frac was performed in March in order to stimulate the reservoir and extend the economic life of the well. Since coming online the well has produced over 6,100 barrels of oil. Average daily production for the week of June 22nd , 2015 was 62 barrels.

Vann #4 ST - Leon County, Texas

The Vann #4 ST well in the Company's Silver Creek prospect is a horizontal well targeting the Woodbine Sands formation. The Vann #4 ST was completed in early June and has since been undergoing testing. To date, approximately half of the fluids that have been used to stimulate the well have been recovered. Traces of oil have been detected but further observation and testing will be required to make any assessment of economic viability. The well is currently being swabbed and making about 200' of fluid per hour from the 4200' level. Rockefeller will provide further updates as they become available.

About Rockefeller Hughes Corporation

Rockefeller is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. The Company is listed on the TSX Venture Exchange under the symbol RHC. There are currently 74,116,681 shares issued and outstanding. For additional details please visit Rockefeller's website at www.rockefellerhughes.com.

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