Easley #1H - The first new well under the farm in agreement with Hilcorp Energy has reached a depth of 15,593 ft and a production casing string has now been run and cemented in preparation for a staged fracture stimulation. The well has approximately 3,000 ft of horizontal section within the reservoir and is in a similar location to the Weston #1 well. The drilling rig is presently being demobilised off location. The Operator will in due course undertake fracture stimulation operations on this well and it will then be flowed to sales.
Kennedy #1H and Weston #1H - Both wells continue to produce to sales in line with expectation.
Further production guidance will be provided once trends are established.
so only 3000 in easley.. interesting!
ADI Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
