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Sabine Ups Liquids-Rich Ops in Texas; Begins 6 Rig Program
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Sabine Oil & Gas LLC today reported its unaudited first quarter 2013 financial and operating results.
Key First Quarter Results: In the Anadarko Basin, the Company completed a Granite Wash well with an average gross production rate of over 1,140 BOEPD (71% oil) for the first 90 days of production In the Eagle Ford Shale, the Company completed one well during the quarter and drilled new wells to TD in the South Shiner area of North DeWitt County. Subsequent to quarter-end these three wells were completed and have begun flow back operations this week. The results of these recent completions will be evaluated for several months before further reporting. The Company has also begun its development program in South DeWitt County on the Sugarkane block and is currently pad drilling four wells…- ✓ Full news archive — U.S., Canada & international coverage
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