Kevan Casey
Kevan Casey
acres commercial exercise initial interest obtained option pleased productive rig
We are pleased that we obtained a rig and drilled this initial well with no problems. Should this well be productive in commercial quantities, we will exercise our option to obtain a 100% working interest in approximately 7,600 acres in this prospect.
based begin cash delayed drilling enhancing excited flow goals matches next producing project rig secured thirty within
This project has previously been delayed based upon rig availability but we are now excited that we have a rig secured and should begin drilling within the next thirty days. If successful, this project matches our goals of producing cash flow and enhancing shareholder value.