Welcome aboard, inthesky. Garcia #2 was drilled prior to Grid's involvement in the Premont Field project, so we do not have an interest in that particular well. However, it is located about 1200 feet or so from the Garcia #3 well in which we do have a 10% working interest and hopefully will be drilled in short order. Garcia #2 is currently producing oil.
edit. I should add that although Garcia #2 is very near our drill site and is a producing well, it is no guarantee that ours will be successful. Oil fields are fickle in that way, I am told. The developer however is very positive about our prospects.
Go GRPR
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