Point Loma Resources Ltd. announced addition the Corporation is providing updated operational information. The Corporation has completed and is currently evaluating the Wizard Lake Rex horizontal oil well that was drilled and cased in December. A total of 28 frac stages were pumped during the completion operation. The final phase of the well completion is now underway involving producing back the frac fluids (approximately 12,000 barrels) and establishing stabilized oil deliverability rates for the well.