Wednesday, August 18, 2010

Liberty County, Texas: Bossier Shale Update: Crimson Exploration

By Andrea: http://oilshalegas.com

August 18, 2010: Crimson Exploration Co. (CXPO) announced today that they successfully completed the Schwarz #2 (65% WI) in the Lower Cook Mountain sand at approximately 15,100 feet. The well is producing at a gross rate of 5.4 MMcfd and 120 Bcpd on a 12/64" choke with flowing tubing pressure of 9,100 psi and has been flowing to sales for approximately one week. This well follows our recently announced Catherine Henderson A-7 well (66% WI) which has been producing since June at a rate of approximately 4.5 Mmcpd and 340 Bcpd. With the production additions from these two important wells, Crimson's current daily net production has increased to approximately 41 Mmcfepd.

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

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

http://www.oilshalegas.com/bossiershale.html