Exploration & Production
Equal Energy to Ramp Up HZ Drilling in Oklahoma
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Equal Energy Ltd. is further strengthening its presence in Oklahoma as part of the implementation of its recently-concluded strategic review.
The latest measures include relocating the technical leadership team from Calgary to Equal's existing office in Oklahoma City , and adding financial and other specialists focused on the US operations.
Under an agreement announced on November 27, 2012 , Equal has sold the last of its western Canadian assets to Keystone Royalty Corp. Equal's principal remaining asset is the liquids-rich Hunton natural gas field in central Oklahoma. The Hunton field currently produces approximately 7,800 boe/d, and Equal has a strong history of drilling success in the play.
With the cessation of operations in Canada , Terry Fullerton , Senior VP, Exploration, is…
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