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Patriot Energy Hits Pay at Thoroughbred #1; Permian Wolfcamp

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Patriot Energy Hits Pay at Thoroughbred #1; Permian Wolfcamp

Patriot Energy, Inc. announced that its Thoroughbred #1 well, now completed in the Permian Basin, exhibits significant pay zones in the Albaugh, Triple M and Upper Wolfcamp formations.

Open hole logs indicated approximately 125 feet of productive formation in each of the aforementioned zones, with the lowest zone from approximately 5,200 feet down to 5,340 containing about 130 feet of likely commercially productive carbonate.

The well was completed to an approximate depth of 8,400 feet. Following the successful logging report, production casing was run and the well will await multiple stage fracking at a date to be determined.

Michael Miller, Patriot Energy President, said: "The pay zones that reflected in the Albaugh, Triple M were especially beyond what we initially anticipated. We knew…

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