Exploration & Production | Drilling & Completions | Drilling / Well Results | Capital Markets | Private Equity Activity
Caza Spins Bit at Avalon, Wolfcamp, Bone Spring Wells
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Caza Oil & Gas Inc. has reported that drilling has commenced on the Company's Lennox Prospect in Lea County, New Mexico. The Lennox State Unit 32 No. 2H horizontal well is the initial test well at Lennox.
Lennox Prospect, Lea County, New MexicoAs stated above, the Lennox State Unit 32 No. 2H horizontal well has commenced drilling. The well will be drilled to a total vertical depth of approximately 11,850 feet with a total measured depth of approximately 14,740 feet. The primary target is the Bone Spring Sands with potential secondary targets in the Delaware, Lower Brushy Canyon, Avalon Shale and Wolfcamp.
After selling an additional 7.5% working interest on a promoted basis and trading a 20% working interest on an acreage basis between Lennox and Madera/Roja Prospects (see below), Caza…
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