Tuesday, August 10, 2010

Bee County, Texas: Eagle Ford Shale Update

By Andrea: http://oilshalegas.com

Crimson Exploration Inc. (CXPO) has released an update on the Eagle Ford shale. They will be drilling their first Eagle Ford shale well in Bee County, Texas:

Crimson Exploration Inc. (CXPO)C is currently participating (20% WI) in its first horizontal Eagle Ford Shale well in Bee County, Texas. The Windham #1, operated by Petrohawk, has a rig on location and is expected to spud in the next couple of days. This location is near the Dubose #1 vertical well that Crimson drilled and tested in late 2009. Drilling and completion results are expected in the fourth quarter of this year for the Windham #1. A second well (20% WI) may spud during November 2010 on another portion of Crimson's leasehold in Bee County.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com