Texas Operations Overview W Texas
Post# of 39368
Posted On: 04/26/2013 9:10:25 AM
Texas Operations
Overview W Texas
- Operating on over 1700 total acres in districts 7B and 6 in Texas
- 20 producing wells in 5 different counties
- Leases located on proven and known reserves
- Planned 16 additional wells by end of Q3 2013 (My guess is no more than 6 new wells by end of Q3)
- Expected returns of a conservative 330 BPD by Q4 2013 (My guess is no more than 100 BOPD by end of 2013) I know I'm overly optimistic, huh!
We'll see how close I am. I think conservative was more hype than reality.
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