Crimson Exploration Inc. (CXPO) issued an operational update on its activities in the Haynesville Shale in East Texas. Crimson Exploration is developing acreage in San Augustine County in Texas, and is currently drilling the Grizzly #1. The company expects to begin completion operations in June 2010. Crimson Exploration is also drilling the Halbert Trust #1 well, located 5 miles from the Grizzly #1.
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