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Synergy Expands Wattenberg Drilling Ops; Talks Rigs for 2014

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Synergy Expands Wattenberg Drilling Ops; Talks Rigs for 2014

Synergy Resources Corporation has amended its Turnkey Drilling Contract with Ensign United States Drilling (Ensign) to utilize Ensign Rig #131, an Automated Drilling Rig (ADR), for all of calendar 2014.

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. Securing Ensign Rig #131 is an important step forward in the development of our asset base. Rig #131 is an ADR rig which will allow us to drill more efficiently, it is a quieter rig and runs on natural gas instead of diesel fuel and, most importantly, is capable of drilling extended reach lateral (ERL) wells that will become part of our drilling plans in fiscal 2015. We expect rig #131 will move to our Union…

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