Exploration & Production | Top Story
Shoreline Ramps Up Niobrara, Codell Ops
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Shoreline Energy Corp. has reported an update on its Niobrara well program, as well as an updated its capital program.
In the past 60 days, Shoreline has participated in 3 gross (0.2 net) directional wells currently being completed in the Niobrara, Codell and the J Sand. Shoreline has also received a drilling notification for a fourth directional well to test the Niobrara, Codell and J Sand, as well as a new horizontal well where the company owns 2.17% interest after pooling.
At present, the Company estimates between 25 and 30 new horizontals (0.8 - 1.0 net) as being permitted on working interest lands, along with 22 directional wells (2.1 net).
Capital ProgramAs a result of the successful production additions from of its drilling program in the fourth quarter of 2012 and the first…
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