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GeoResources

Posted: Thu Jul 21, 2011 1:48 pm
by dan_s
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.