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Synergy: Colorado Flooding Takes Wells Offline

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Synergy: Colorado Flooding Takes Wells Offline

Synergy Resources Corporation has reported an update as to the status of its operations in light of the flooding in Northern Colorado.

Craig Rasmuson, VP of Operations, reported, "Our initial assessment reveals that only a small number of our existing vertical wells will be offline for an indeterminate amount of time until the well locations are fully accessible. The vast majority of our existing production is unaffected. Furthermore, the production from the first 4 horizontal wells on our Renfroe pad continues uninterrupted and final completion of the fifth well has been temporarily delayed until recompletion equipment can access the location. Drilling operations on the Leffler pad were not affected by the flooding and we are on schedule to spud the fourth well later this week."

Ed Hollo…

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