Drilling & Completions
Evolution Petroleum Reports On Mississippi Lime Drilling Operations
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Mississippian Lime (Oklahoma)
Evolution Petroleum Corporation entered into a joint venture in April 2012 to develop the Mississippian Lime in approximately 38 sections (24,320 acres) in central Kay County, Oklahoma. Our leasehold position of 5,345 net acres as of June 30, 2012, which is 45% of the joint venture, is well defined by previous vertical development and bounded by other operators. To date, we have participated in the drilling of one salt water disposal well and two horizontal Mississippian Lime oil wells, the Sneath #1-24H and the Hendrickson #1-1H.
We drilled lateral sections of approximately 4,100 feet in the Sneath and 4,800 feet in the Hendrickson. Both wells are scheduled to be hydraulically fractured in the latter part of September. Since industry experience to date has…
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