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Drilling report: July 23 - 29

FROM STAFF REPORTS

Sunday, August 03, 2008

East Texas drilling report completions for July 23 through July 29.

Gregg County

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- EXCO Operating Company has completed the J.C.&R.S. McKinley GU Well No. 6 in the Willow Springs Field. This well bottoms at 10,904-feet and is located 0.01 miles north from Longview. When gauged on a 20/64-inch choke, the well shown a potential of 734,000 cubic feet of gas. Production is in the Cotton Valley formation.

- When gauged on an adjustable choke, the Garrett, A.C. Gu Well No. 16 shown a potential of 318,000 cubic feet of natural gas. This well is located 10.2 miles southeast of Longview. Anadarko E & P Company has completed the well to a depth of 10,790-feet in the Oak Hill Field. Production is in the Cotton Valley formation.

Harrison County

The Loftis Well No. 3 is located 4.9 miles northwest from Easton in the Oak Hill Field. Valence Operating Co. has completed the well to a depth of 12,675-feet. This well was gauged on a 18/64-inch choke and shown a potential of 956,000 cubic feet of gas. Production is in the Cotton Valley formation.

When gauged on a 20/64-inch choke, the Rosehaven Gas Unit Well No. 10 shown a potential of 1.526 million cubic feet of gas. This well is located 8.9 miles southeast from Marshall. Penn Virginia Oil & Gas has completed the well to a depth of 10,092-feet in the Carthage, North Field. Production is in the Cotton valley formation.

- Samson Lone Star has completed the Southwestern Medical Foundation Well No. 10 seven miles northwest from Waskom in the Waskom Field. This well was gauged on a 24/64-inch choke and shown a potential of 1.634 million cubic feet of gas. Total depth is 9,945-feet. Production is in the Cotton Valley formation.

- The Blocker Heirs Well No. 11D has been completed to a depth of 10,162-feet by G M X Resourcesin the Carthage, North Field. This well is located eight miles southeast of Marshall and shown a potential of 874,000 cubic feet of gas when gauged on a 32/64-inch choke. Production is in the Cotton Valley formation.

- When gauged on a 32/64-inch choke, the Sims, Rollie C Gas Unit Well No. 9 shown a potential of 374,000 cubic feet of gas. This well is located 7.6 miles southeast from Hallsville in the Oak Hill Field. Sand Ridge Exploratioln and Production has completed the well to a depth of 10,405-feet. Production is in the Cotton Valley formation.

Marion County

- The Wilson Well No. 1 has been completed to a depth of 11,300-feet in the Lassater, East Field by Ark-La-Tex Energy. This well is located 10.9 miles northwest from Jefferson. When gauged on a 12/64-inch choke, the well shown a potential of 1.445 million cubic feet of gas. Production is in the Cotton Valley formation.

Panola County

- The CGU 33 Well No. 16 shown a potential of 772,000 cubic feet of natural gas when gauged on an adjustable choke. Location of the well is 0.99 miles northeast of Carthage. Anadarko E&P Company has completed the well to a depth of 9,848-feet. Production is in the Cotton Valley formation.

- Kabco Oil & Gas Co. has completed the Tiller Gas Unit Well No. 1, 1.5 miles south of Panola in the Bethany Field. This well was drilled to bottom at 9,660-feet and shown a potential of 243,600 cubic feet of gas when gauged on a 48/64-inch choke. Production is in the Travis Peak Consolidated formation.

- When gauged on a 64/64-inch choke, the Lindy Britton Well No. 2 shown a potential of 6.334 million cubic feet of gas. Coronado Energy E & P Company completed the well to a depth of 12,792-feet 13 miles southwest from Carthage in the Brachfield, Southeast Field. Production is in the Cotton Valley formation.

- ConocoPhillips Co. has completed the Ingram 2 Unit Well No. 10 7.6 miles southeast from Carthage in the Carthage Field. This well bottoms at 9,460-feet and shown a potential of 920,000 cubic feet of gas when gauged on a 26/64-inch choke. Production is in the Cotton Valley formation.

- The Southland Paper Co. Well No. 21 has been completed by Devon Energy Production Company, in the Carthage Field. Total depth is 9,666-feet. When gauged on an adjustable choke, the well shown a potential of 2.4190 million cubic feet of natural gas. Production is in the Cotton Valley formation.

- When gauged on a 48/64-inch choke, the Cunningham Well No. 5 shown a potential of 1.814 million cubic feet of gas. This well was completed by Craton Energy Holdings III, in the Beckville Field. Total depth is 10,330-feet 3.6 miles west from Beckville. Production is in the Cotton Valley formation.

Rusk County

The White Well No. 2 is located 4.7 miles northeast from Minden in the Brachfield, Southeast Field. Sojitz Energy Venture has completed the well to a depth of 10,608-feet. This well was gauged on a 20/64-inch choke and shown a potential of 950,000 cubic feet of gas. Production is in the Cotton Valley formation.

- When gauged on an adjustable choke, the Jarrell Gas Unit Well No. 1 shown a potential of 1.478 million cubic feet of natural gas. Enduring Resources, LLC has completed the well to a depth of 10,875-feet 3.1 miles northwest of Minden in the Brachfield, Southeast Field. Production is in the Cotton Valley formation.

- Anadarko E&P Company has completed the Kennedy G.U. 2 Well No. 13 in the Oak Hill Field. This well is located 21.5 miles northeast of Henderson with a depth of 10,528-feet. This well was gauged on an adjustable choke and shown a potential of 509,000 cubic feet of gas. Production is in the cotton Valley formation.

- In a lease four miles northwest from Tatum, in the Oak Hill Field, the Minor, A. Gas Unit Well No. 15 will be drilled by Energen Resources Corp. This well bottoms at 10,742-feet and shown a potential of 1.181 million cubic feet when gauged on a 16/64-inch choke. Production is in the Cotton Valley formation.

- There has been a new well completed by EOG Resources in the Appleby, North Field to a depth of 9,920-feet. This well is located 3.2 miles northwest of Garrison. When gauged on a 19/64-inch choke, the well shown a potential of 1.908 million cubic feet of gas. Production is in the Travis Peak formation.

Smith County

- In a lease four miles northeast from Starville, in the Starville, East Field, the Walton GU Well No. 1 has been completed by EnSight III Energy Management. This well bottoms at 11,700-feet and shown a potential of 152,000 cubic feet of gas when gauged on a 48/64-inch choke. Production is in the Cotton Valley formation.

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