Haynesville Shale

Crimson Exploration Reports Completion Of Blue #1 Haynesville Shale Well

Crimson Exploration (CXPO) reported the completion of the Blue #1 well into the Haynesville Shale in East Texas.  This Blue #1 well is located at the Bruin prospect area, and started producing at a gross restricted daily rate of 8.3 million cubic feet of natural gas equivalents per day.

Crimson Exploration said that the company has concluded its operated activity in the Haynesville Shale for 2011.

Crimson Exploration Updates Haynesville Shale Operations

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.

Crimson Exploration Updates Haynesville Shale Operations

Crimson Exploration Inc. (CXPO) has 12,000 acres under net lease in San Augustine and Sabine County in Texas that are prospective for the Haynesville Shale. The company said that the Kardell #1H well, which had an initial production rate of 30.7 million cubic feet equivalent per day, produced nearly 1 billion cubic feet during its first 90 days.

Crimson Exploration plans on drilling five operated wells on its acreage in the Haynesville Shale in 2010.