GEOI is about to bring on a high rate gas well in Louisiana. The SL QQ #365 (20% WI) in the Quarantine Bay Field. The well reached TD of 13,400’ and logged over 105’ of potential pay in two sands. This well is near facilities and should be on-line by the end of July. It could add significant production during the 3rd quarter. Pre-drill estimated reserves were over 16 Bcfe.
GEOI is also going to accelerate their oil production from the Bakken and Eagle Ford.
GeoResources
GeoResources
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group