Torchlight Completed 1st Horizontal Well in Hunton Play

Source: www.gulfoilandgas.com 6/7/2013, Location: North America

Torchlight Energy Resources, Inc. ("Torchlight Energy" or "the Company") announced that its operator has completed drilling, logged and cased Torchlight's first well in the newly acquired horizontal Hunton play in the Cimarron Project. The Boeckman 1-14H is the 19th well drilled and operated in this area by Husky Ventures, the operator on the Cimarron Project.

"We are delighted to have completed drilling our first horizontal well in the Hunton on budget and in record time," said Tom Lapinski, CEO of Torchlight Energy. "All of the preliminary data we have received so far indicates results to be in line with expectations from a production and reserve standpoint. We expect to begin fracking the well by the end of June."

Torchlight Energy has a 15% working interest in the Cimarron Project, located in Central, Oklahoma and spanning approximately 3,500 acres. Husky Ventures has successfully drilled 19 wells in this region with IPs between 500 and 1,100 BOEPD per well. The Boeckman 1-14H, drilled to a total depth of 7,800 feet with a 4,200 foot lateral targeting the Hunton formation, is a direct offset to an existing producing well drilled by Husky Ventures. Torchlight Energy plans to participate in the drilling of three to four additional wells out of their 20+ targets in 2013.


Related Categories: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

Related Articles: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.