Perth, June 10, 2008 AEST (ABN Newswire) - Initial Report: Brearley 1H-11
Report Date: 10 June, 2008
Project: Anadarko basin Horizontal Drilling Programme
Location: Ellis County, Oklahoma
Well: Brearley 1H-11
Spud Date: 8 June, 2008
Exoma Working Interest: 25.87% (free carried)
Operator: Crusader Energy Group LLC.
Objective: 1.5 BCF gas and 50,000 barrels of oil
Target Depth (TD): 8,600 feet
Current Depth: 2,100 feet
Progress: The well spudded on 8 June, 2008. It will reach a vertical depth of around 8600 feet and then extend horizontally for approximately 4500 feet, after which it will be fracced and completed for production. The Operator has advised it is expected to take 30 days to complete the well.
Drilling updates will be reported every Wednesday in accordance with ASX Listing Rule 3.1
Contact
Brendan Egan
TEL: +61 8 9389 9400
MOB: +61 414 816 716
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