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.
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