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NIOBRARA SHALE OIL PROJECT APPRAISAL PROGRAM UPDATE

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J Man   Thursday, 08/18/11 10:46:46 AM
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NIOBRARA SHALE OIL PROJECT APPRAISAL PROGRAM UPDATE

Entek is pleased to provide an update on the Niobrara Shale Oil Project Appraisal Program in the Green River Basin.

Battle Mountain 14-10L – The well is currently being prepared for testing in the Frontier Sandstone secondary objective. The completion procedure, which includes testing and fracture stimulation for the potential Niobrara pay zones is currently being refined by Halliburton. Completion operations for the Niobrara are expected to start in September 2011.

Slater Dome (SD) Federal 24-9DL – The well has been spudded and is currently drilling the surface hole section at 400 ft. Casing is planned to be set at 2,500 ft before drilling the remainder of the well. The planned total depth of the well is 8,627 ft.

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