Vital Energy Inc. announced that three horizontal wells have been successfully drilled and completed in Third Quarter 2021 in Lampman, SW Saskatchewan, on a multi-well pad (01-04-006-05W2). The completed formation is in the Frobisher zone. From August 29 to now, the three horizontal wells (HZ C7-4, HZ C8-4 and HZ D8-4) total average daily oil production has stabilized at approximately 630 barrels per day. The average water cut (BS&W) is approximately 13% and the oil’s API is 32.5 (sweet light oil). The three wells are pipelined to an adjacent third-party oil battery. All three Pump Jack wells include equipment with electric motors with electric power supplied by the SaskPower grid in the area. As a result, lower maintenance costs are anticipated which should significantly improve field netbacks. Vital is the Operator of the three (wells in the Lampman area and maintains a 100% working interest.