As you can see it will take about 7 wells for Trea
Post# of 39368
Posted On: 10/11/2013 1:31:48 PM
As you can see it will take about 7 wells for Treaty to get to their own 100 bopd.
Future Drilling Plans for the Tuscola Development
Effective immediately, the Company plans to have two active drilling permits set and ready to go at any given time. At the time of this release, the current active permits are the Stockton #3 and the Mitchell #5. Based on the success of the Mitchell wells and the Stockton #2, the Company expects to drill five new wells by the end of the year in the Tuscola region (excluding the Mitchell #3 and #4). This will bring the number of newly drilled wells to seven by the end of the 2013. The Company is expected, and on track, to meet its conservative 100 BOPD target by the end of the year.
Future Drilling Plans for the Tuscola Development
Effective immediately, the Company plans to have two active drilling permits set and ready to go at any given time. At the time of this release, the current active permits are the Stockton #3 and the Mitchell #5. Based on the success of the Mitchell wells and the Stockton #2, the Company expects to drill five new wells by the end of the year in the Tuscola region (excluding the Mitchell #3 and #4). This will bring the number of newly drilled wells to seven by the end of the 2013. The Company is expected, and on track, to meet its conservative 100 BOPD target by the end of the year.
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