Existing logs mystery found in last 10Q. Anyone
Post# of 39368
Existing logs mystery found in last 10Q. Anyone know where this is located?
We have already chosen our location on our 81 acre Elora farm out next to the Sabine River. Once the survey and permit are completed we will start (that should take about 2 weeks). This drill will be approximately 3500 feet. It will also be a horizontal drilling into the Fredricksburg zone. A prior well owner drilled there in 2007, but only had the rights below 5000ft. They wire-lined the entire well and we now have those logs in our possession and will drill where the existing pad is. This will allow us to avoid the pad setup expense. Also having 50k worth of logs should allow us to navigate into the zone with success. If we have a successful oil well (our goal) we will drill again from this pad into the Saratoga zone.