Exploration & Production
Strike Energy Reports First Eagle Ford Well Production
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Strike Energy now participates in approximately 36,250 gross acres in the Eagle Ford Shale through its’ 27.5% interest in the Eagle Landing Joint Venture – ~10,000 acres net to Strike. The Joint Venture is focused on the gas-condensate fairway within Fayette and Lavaca Counties, Texas.
BIGHAM 1H COMPLETION
As previously advised, the Eagle Landing Joint Venture’s first production test well – Bigham 1H – has been drilled to a total measured depth of 17,700 feet (~5,400 metres) with a 5,000 foot (~1,500 metre) horizontal section drilled and cased in the Upper Eagle Ford formation. The Joint Venture’s plans for fracture stimulation and completion operations required for production testing of the well are on track.
By the end of 2012, Strike expects that there will be at least six producing…
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