Payday?, page-4

CANADIAN RIVER PROJECT OUTPERFORMS
HIGHLIGHTS:
• The Wise 1-25 conventional well in Oklahoma exceeds expectations.
• The well continues to flow naturally at rates of around 85 BOEPD after 14
days of production from the Viola formation (secondary target) on a 27/64
choke.
• The Company has made the decision to continue to flow the Viola formation
naturally and will remove he bridge plug between the Viola and the already
completed primary Wilcox zone once pressure and production from the
naturally flowing Viola reach levels where it is safe to do so.
• First revenue from sales of Oil and Gas are expected before the end of the
month.
• Given the early results from the Viola formation, the Directors are confident
of the future success of the Canadian River Project.
The Company (Delecta; ASX code DLC) is pleased to provide an update on the
production of the Wise 1-25 Oil and Gas well in Okfuskee County, Oklahoma, USA.
Wise 1-25, the first of the Company’s wells targeting multiple stacked conventional oil​

pay, continues to produce from the secondary Viola formation well beyond expectations