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Synergy Outlines Niobrara Entrance, Well Plans

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Synergy Outlines Niobrara Entrance, Well Plans

Synergy Resources Corporation expects to commence drilling operations on a four well horizontal drilling program in the Wattenberg Field in May, 2013.

Synergy has contracted with Ensign United States Drilling Inc. to drill 4 horizontal wells on its Renfroe lease. The wells' objectives will include both the Niobrara and Codell formations. Ensign Rig #17 will be mobilized to drill 4,900 foot lateral length wells on Synergy's Renfroe Lease and is expected to spud the first horizontal well in Mid-May.

William Scaff, Jr., Executive Vice President of Synergy, commented, "Synergy is entering the horizontal play in the Wattenberg Field at an opportune time as the play has been considerably de-risked by the major operators, best demonstrated by Ensign's willingness to offer turn-key pricing for…

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