Crimson Exploration Reports Successful Eagle Ford Shale Well In Karnes County

04/11/2011

Crimson Exploration Reports Successful Eagle Ford Shale Well In Karnes County

Crimson Exploration (CXPO) reported the completion of a well drilled into the Eagle Ford Shale on its acreage in Karnes County, Texas.

The Littlepage McBride #1 well had an initial daily production rate of 876 barrels of oil and 717,000 cubic feet of natural gas. This Eagle Ford Shale well was drilled to a measured depth of 15,885 feet with a 4,800 foot lateral.

Crimson Exploration plans to start drilling the KM Ranch #1 well in early May 2011. This will be the company’s first operated Eagle Ford Shale well in Zavala County.

Posted at 08:24 AM in Company News, Crimson Exploration , Horizontal Well, Initial Production, Karnes County, KM Ranch #1 , Littlepage McBride #1, Natural Gas, Oil, Operational Update, Texas, Zavala County | Permalink

Tags: condensate, Crimson Exploration, crude oil, Eagle Ford Shale, energy, energy stocks, exploration and production, extraction, fractionation, horizontal drilling, hydraulic fracturing, natural gas, natural gas liquids, oil, oil and gas investing, oil and natural gas stocks, petroleum, pipelines, shale gas, Texas, tight gas