Luncheons on March 5 & 6
Posted: Fri Feb 22, 2013 9:19 pm
Terrace Energy is hosting luncheons for us in Houston on March 5 and in Dallas on March 6. Go to the home page, click on the Calendar Tab to register.
Terrace Energy Corp. is an oil & gas exploration and production company focused on onshore, US oil drilling opportunities.
Our activities are currently focused on the prolific South Texas Cretaceous plays including the Olmos Tight Sandstone and the Eagle Ford Shale plays. Our two major projects, The STS (Olmos) project and the Cutlass (Eagle Ford) project are currently under development. The initial test well in the STS Project IP'd at over 600 BOPD. The two subsequent wells recently IP'd at over 765 BOEPD and 1020 BOEPD respectively. Drilling on the Cutlass Project has commenced. Initial results are expected in first quarter, 2013. Both projects contain multiple, repeatable drilling locations as well as additional target horizons slated for future evaluation. Additional projects are under evaluation in similar play areas in Texas.
Terrace Energy Corp. is an oil & gas exploration and production company focused on onshore, US oil drilling opportunities.
Our activities are currently focused on the prolific South Texas Cretaceous plays including the Olmos Tight Sandstone and the Eagle Ford Shale plays. Our two major projects, The STS (Olmos) project and the Cutlass (Eagle Ford) project are currently under development. The initial test well in the STS Project IP'd at over 600 BOPD. The two subsequent wells recently IP'd at over 765 BOEPD and 1020 BOEPD respectively. Drilling on the Cutlass Project has commenced. Initial results are expected in first quarter, 2013. Both projects contain multiple, repeatable drilling locations as well as additional target horizons slated for future evaluation. Additional projects are under evaluation in similar play areas in Texas.