InvestorsHub Logo
Followers 156
Posts 6367
Boards Moderated 1
Alias Born 08/06/2004

Re: rooktrader post# 29993

Thursday, 07/19/2007 4:57:58 PM

Thursday, July 19, 2007 4:57:58 PM

Post# of 44006
rooktrader, "The Padgett 11-H Barnett Shale well has been fracture stimulated and after recovery of frac fluid the well is ready to deliver natural gas to the natural gas purchaser. A 160 pumping unit has been installed to move salt water and oil that will enable the continued production of natural gas.

Preliminary production potential test show the Padgett 11-H will produce approximately 350,000 cubic feet of natural gas and 10 barrels of oil per day. Natural gas production will possibly increase as the well stabilizes after thirty to sixty days of operations."
---end of copy---

rooktrader, this quote is from the June 11th AMEP PR. The wells are not being capped, they are being stabilized per the official company release.
GL,
...hawk

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.