Indigo Minerals plans Horizontal Cotton Valley in T15N, R15W, Section 24;Caddo Parish

I have been aware for a while that Indigo Minerals planned a Horozontal Cotton Valley test in T15N, R15W, Section 24.  Indigo Minerals acquired the rights above the Bossier/Haynesville (shallow rights) in a transaction with Chesapeake Energy.  Lets all hope the effort is successful and maybe we'll get a horizontal Cotton Valley play simultaneous with the Haynesville and Bossier.  The vertical Cotton Valey wells in the area of the planned Horizontal Cotton Valley have been mediocre at best, so this well test, when drilled, could be highly important.

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The well was just permitted.
Are they looking for gas or oil?
Thanks ShaleGeo!

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