Phoenix capital group ceo adam ferrari announces continued production growth in the williston basin

Denver, colorado, nov. 07, 2024 (globe newswire) -- phoenix capital group ceo adam ferrari recently shared significant milestones from the company's williston basin drilling operations in north dakota's bakken formation. after releasing impressive production numbers from the company's nate pad in early october, ferrari announced the successful completion of five 3-mile horizontal wells on both the daniele and axel ferrari pads. phoenix is now managing 37 gross operated wells, with 32 currently in production, marking the rise of the 5-year-old company as a top producer in the basin.
RACE Ratings Summary
RACE Quant Ranking