murphy started drilling their drees 1h well a few miles west or the conocophillips bordovsky well, and pioneer today put in a permit for their Handy 1h well, which is about 1 mile south of bordovsky.
there is a lot of confidence on the eagleford on trend and to the east of the adi acreages..
makes the aut longhorn leases very interesting indeed!!
eog put in two further permits for horizontal wells a few miles north of bordovsky in their cluster of oil wells in the oil rich karnes trough
there is a rumour that eog are partnering up with dan hughes with the darlene 2h well a few miles north and east of the adi kowalik 1h well, the first well there, the dan hughes darlene 1h well is flowing 400 bopd and apparently is being choked back.
ADI Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held