Topaz Resources, Inc. announced that the company's production has surpassed 1,000 barrels of oil per day (BOPD) in the Phase 2 development of its North Texas shallow oil property, comprising approximately 2,400 gross acres with 80 producing oil wells, located in Archer County, Texas, where Topaz has an 84.375% Working Interest and an 82.5% Net Revenue Interest. As of April 15, Topaz has completed workovers in the Gunsight zone at a depth of about 1,100 feet and up pipe completions in the Thomas Sands zone at a depth of about 900 feet in a total of 37 wells at an approximate cost of $5,000 per well as well as completed workovers in the initial two wells in the Gunsight zone at an approximate cost of $3,000 per well. Topaz is continuing Phase 2, which entails undertaking workovers and up pipe completions of the remaining 41 producing oil wells, scheduled to be completed during second quarter 2019.