St. Mary Land & Exploration Company (SM) recently updated its operations in the Haynesville shale. The company has 50,000 net acres under lease, with 10,000 acres in Louisiana and 40,000 acres in Texas.
St. Mary Land & Exploration Company just completed its first vertical well in the Haynesville Shale. The USA Bland Lake #1 had a seven-day average production rate of 1.9 million cubic feet equivalent per day. (MMCFEPD). The well is located in San Augustine County, Texas.
St. Mary Land & Exploration is currently drilling a second vertical well in the Haynesville Shale. The Blackstone PB #1 is in Shelby County, Texas. St. Mary Land & Exploration has a 100% working interest in both wells.
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