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Caza Touts Stellar Bone Spring IP at West Copperline Property
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Caza Oil & Gas, Inc. has reported a strong result for the Company's Bone Spring program with the second test well on its West Copperline Property in Lea County, New Mexico.
The West Copperline 29 Fed #3H horizontal Bone Spring test well reached the intended total measured depth of approximately 15,804 feet in the 3rd Bone Spring Sand interval and was subsequently fracture stimulated beginning on February 20, 2014. Under controlled flowback the producing rates have remained steady, and the well produced at a peak 24 hour gross rate of 879 barrels (bbls) of oil and 1,374 million cubic feet of natural gas, which equates to 1,108 bbls of oil equivalent on March 7, 2014. The well continues to clean up and is producing on a 22/64ths adjustable choke at 1,650 pounds per square inch flowing…
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