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Osage Spuds Nemaha Ridge Well Duo; Completes Mississippian Well

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Osage Exploration and Development Inc. has updated the status of its accelerated drilling program by announcing the spudding of two wells in the Company’s 31,000 acre Nemaha Ridge project during the month of November.

The two wells spudded in November bring the number of wells drilled by the Company and its partners, Slawson Exploration and U.S. Energy Development Corp., to seven. The McPhail 1-19H was spud on November 16th, and the Chambers 1-5H was spud on November 27th.

Additionally, Osage has reported the completion and commencement of flowback on the Hopfer 1-17H, a Horizontal Mississippian well operated by Devon Energy in which Osage owns a 14.6% working interest. The fracture treatment of the Hopfer well was completed on November 25th, and the well is currently flowing back fluids…

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