By Andrea: http://oilshalegas.com
Exterrra Energy Inc. (EENI.OB) announced that they are acquiring 3.1K acres of new mineral leases in the Barnett shale. Not only will they be acquiring the land in which there are already 52 wells residing, but they are going to do somewhat of a renovation on the other 8 wells that are not up to production standards. The 44 efficient wells are currently producing 35 barrels of oil per day. The other 8 wells, however; will be re-worked and are projected to produce 5 barrels of oil per day. This would create a total production rate for the site to roughly 75 barrels of oil per day.
In addition to the re-working of some of the existing wells, Exterra Energy will add 10 new wells to the land which are projected to produce approximately 200 barrels of oil per day.
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Antrim Shale - ANWAR Oil Shale - Austin Chalk - Avalon Shale - Bakken Oil Shale - Barnett Shale - Bone Spring - Bossier Shale - Brazil Oil Field - Cardium Shale - Chainman Shale - Chattanooga Shale - Collingwood Shale - Cumnock Shale - Duvernay Shale - Eagle Ford Shale - Exshaw Shale - Fayetteville Shale - Granite Wash - Green River Basin Oil Shale - Haynesville Shale - Horn River Shale - Huron Shale - Kern County Oil Field - Leonard Shale - Marcellus Shale - Monterey Shale - Montney Shale - Niobrara Shale - Permian Basin - Piceance Basin -Spraberry Field - Tuscaloosa Marine Shale - Utica Shale - Wolfberry Trend - Wolfcamp Shale - Woodford Shale - Oil Sands - China Shale - Mineral Rights - Index of Shale
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