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Gastar: Hunton Lime Results Boost Confidence in Play Position
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Gastar Exploration Ltd. has reported an update on its Hunton Limestone operations.
The Mid-Con 2H well (GST 50% WI) continues to exhibit exceptional production, with current gross sales volumes of 671 BOE per day (66% crude oil) over the most recent 10 days. The Mid-Con 3H well (GST 50% WI) continues to produce at a 10-day gross average sales rate of approximately 81 BOE per day (90% crude oil), and the Mid-Con 4H well (GST 50% WI) is currently producing at a 10-day gross average sales rate of approximately 121 BOE per day (67% crude oil). The Mid-Con 5H well (GST 50% WI) was recently completed in the Hunton formation. Despite mechanical issues caused when the operator experienced problems during the clean-out phase of the completion and temporarily abandoned tools in the lateral…
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