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Black Gold commences oil production at Fritz 2-30

Black Gold Exploration (BGX) announced that production has officially commenced at its Fritz 2-30 well in Clay County, Indiana. Drilling commenced in February 2025 and was completed by April 2025.

Through its joint venture with LGX, BGX advanced the Fritz 2-30 well from seismic, to permitting, to drilling to production. In the coming weeks, the company will release detailed data on production figures and reserves.

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