Exploration & Production
Osage Exploration Provides Operational Update On Mississippi Lime Project
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Osage Exploration and Development, Inc. (OTCBB:OEDV), a domestic E&P company focused on the Horizontal Mississippian play in Oklahoma, is pleased to release an Operational Update on its progress in the Nemaha Ridge Project in Logan County, Oklahoma.
* Osage's first horizontal Mississippian well, the Wolf 1-29H, began selling oil and gas in late February, and is currently producing at a sustained rate of over 300 BOE/D.
* Osage's second horizontal Mississippian well, the Krittenbrink 2-36H, is still undergoing cleanup after the hydraulic fracturing operation. Our optimistic outlook on the Krittenbrink 2-36H is undiminished based on its early production volumes.
* Osage's third horizontal Mississippian well, the Davis Farms 2-5H, spudded May 27, 2012. Drilling has commenced on the…
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