Exploration & Production
Synergy Edits Wattenberg Contract; Plans 25 HZ Wells
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Synergy Resources Corporation has amended its Turnkey Drilling Contract with Ensign United States Drilling for a total of 25 horizontal wells to be drilled in the Wattenberg Field.
William Scaff, Executive Vice President, of Synergy, commented, "We are pleased to continue our horizontal drilling program in the Wattenberg Field with Ensign as our drilling partner. Ensign Rig #17 is currently drilling the Renfroe 42-1-36CHZ, the fifth well of our 25 horizontal well program. We expect that the rig will move from the Renfroe pad to the Leffler pad in early August to begin drilling six horizontal wells planned on the Leffler lease. This contract will enable us to begin execution of our recently announced $157.5 million fiscal 2014 capital expenditure budget."
Craig Rasmuson, Vice President of…
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