Stonehorse Energy Limited is provided shareholders and investors with an update on well operations regarding the Jewell 1-13-12 SXH well (Jewell Well) located in Carter County, Oklahoma in North America's Anadarko Basin. The Company reported that the Jewell Well has recorded a daily production rate of 1,238 BOE (85% liquids) per day during flow-back and stimulation fluid recovery operations, with approximately 22% of the stimulation fluid now recovered. Oil and (liquids rich) gas rates are expected to continue to increase steadily beyond these initial rates over the coming weeks in line with the modelled flow-back profile. To date, the Jewell Well has produced approximately 14,800 barrels of oil and 29,500 mcf of liquids rich gas, with oil trucked to a nearby pipeline terminal and gas transported via pipeline to a midstream gas processing plant for sale. The Company will report an IP24 (peak rate), IP30 and IP90 rates as these are achieved.