By Tim - http://oilshalegas.com
Eagle Ford Shale, LaSalle and Frio Counties, Texas
The Company completed the following five Eagle Ford Shale wells during the quarter, with an average 24-hour peak production rate of 907 BOE per day:
- Burns Ranch 20H (67% WI), a 5,960 foot lateral with 21 frac stages, at a 24-hour peak production rate of 1,080 barrels oil equivalent ("BOE") per day;
- Burns Ranch 2H (67% WI), an 8,320 foot lateral with 29 frac stages, at a 24-hour peak production rate of 1,004 BOE per day;
- Burns Ranch 3H (67% WI), a 5,160 foot lateral with 19 frac stages, at a 24-hour peak production rate of 953 BOE per day;
- Burns Ranch 18H (67% WI), a 5,060 foot lateral with 19 frac stages, at a 24-hour peak production rate of 883 BOE per day;
- Burns Ranch 19H (67% WI), a 5,940 foot lateral with 21 frac stages, at a 24-hour peak production rate of 613 BOE per day.
The Company completed two additional Buda Lime wells in the quarter:
- Carnes 7H (65% WI), an un-stimulated 4,215 foot lateral, at a 24-hour peak production rate of 1,167 BOE per day and a 30-day average of 871 BOE per day (762 BO and 655 Mcf per day);
- Burns Ranch 30H (67% WI), a 5,060 foot lateral with 19 frac stages, at a 24-hour peak production rate of 500 BOE per day.
The Company is in completion phase on the following wells:
- Burns Ranch 35H (67% WI), an 8,880 foot lateral with 32 planned frac stages;
- Burns Ranch 16H (67% WI), a 5,710 foot lateral with 20 planned frac stages;
- Burns Ranch 22H (67% WI), a 5,520 foot lateral with 20 planned frac stages;
- Shiner G-1 (67% WI), a 4,190 foot lateral in the Buda Lime;
- Shiner G-4 (67% WI), a 4,130 foot lateral in the Buda Lime;
