InvestorsHub Logo
Followers 0
Posts 248
Boards Moderated 0
Alias Born 06/30/2015

Re: None

Monday, 05/09/2016 5:10:17 PM

Monday, May 09, 2016 5:10:17 PM

Post# of 4188
I found this Crude Energy reference in my notes:

Aug 05, 2014 (ACCESSWIRE via COMTEX) -- DALLAS, TX / ACCESSWIRE / August 5,
2014 / Crude Energy, an independent oil exploration and production company based in
Dallas, TX, announced that is nearing completion of a well in Hardeman County, TX.
The announcement comes only a few weeks after the company released a press
statement saying that it would begin drilling at its Cottonwood #1H site. Now, nearing
completion, Crude Energy is pleased to report positive results from its drilling campaign.
Crude Energy drilled the Cottonwood #1H at a depth of 12,166 feet.



As I am sure you have guessed, there is no Cottonwood #1H in Hardeman County, but there is the Mueller-Holcomb Ranch 1H with a total depth of 12,166 feet. This well is one of three in the county deeper than 12,000 feet. The Holcomb has made 32,200 bbls since 2014 and is well on its way to never paying out.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.