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Arête Industries, Inc. has reported that it will participate as a working interest owner in two horizontal wells to be drilled in Campbell County, Wyoming and Converse County, Wyoming in the Turner and Shannon zones.
The following is a description of the wells:
- The Starlight Federal 30H is located in Section 7, Township 43N in Campbell County. This well is currently being drilled to a total depth of approximately 15,310 feet including the lateral in the Turner zone. The Company will have an approximate 1.45% working interest.
- The Wibaux Gold Federal 4076-10-03-1sh is located in Section 10 Township 40N in Converse County Wyoming. Drilling of the well began on June 21, 2014 and it planned to be drilled to a total depth of approximately 19,900 feet including the lateral in the Shannon zone. The Company will have an approximate .33% working interest.