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Jagged Peak Ramps Up Rig Count to Five; Whiskey River Well Results

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Jagged Peak Ramps Up Rig Count to Five; Whiskey River Well Results

[Summary: Jagged Peak details Q1 2017 release and confrence call. Highlights include:

Increased Rigs: added 2 operating rigs, now totalling 5

Whiskey River Well Results:

State Skinwalker 2-8-1H: 8,101' lateral
Chupacabra 1213-7-1H: 10,369' lateral

These wells produced a peak combined rate of 3,579 Boe per day (85% oil) and are exceeding the normalized type curve by 26% based on 60-day cumulative production.

Drilling Activity:

12 gross operated horizontal wells completed and put online 7 gross operated horizontal wells currently producing from 32 wells drilled

Jagged Peak Energy Inc. announced financial and operating results for the first quarter ended March 31, 2017.  The financial and operating results discussed in this news release include the results for Jagged Peak Energy…

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