Operational Updates
Newfield Aggressively Developing Cana Wood, Hogshoter Wash Results
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The Company continues to post strong well results in the Cana Woodford, located in central Oklahoma's Anadarko Basin. Throughout 2012, Newfield has maintained a 4-5 rig program and is aggressively assessing its acreage position which totals approximately 142,000 net acres (up 7,000 net acres since mid-year). Net production from Newfield's Cana Woodford play is today approximately 9,800 BOEPD (60% liquids).
Production from the following wells, initially announced in the second quarter, has been updated to reflect recent longer-term data:
Wright 1H-9 – The well had an initial gross production rate of more than 1,900 BOEPD (27% oil). The well averaged approximately 1,050 BOEPD over its first 100 days of production. The well has a 4,730' lateral length. Based on available public…
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