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Matador Talks Haynesville Results; Suspension of Eagle Ford Ops
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Matador Resources Co. has reported an update on its Eagle Ford and Haynesville operations.
Eagle Ford Shale Update – South TexasMatador is also pleased to report that in the last two weeks of March 2015, the Company placed on production eight gross (8.0 net) Eagle Ford wells on its Bishop-Brogan properties located adjacent to the Company’s Danysh/Pawelek leases on its central acreage in Karnes County, Texas. These eight wells were developed using the batch drilling method in groups of four wells each on approximately 40-acre spacing and were completed with Matador’s Generation 7 fracture treatment. The eight wells had average initial production rates of 902 BOE per day (88% oil) on 14/64th inch chokes at flowing casing pressures of 3,105 psi, making them some of the best wells Matador…
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