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Permalink Reply by The_Baron on November 21, 2008 at 6:13

They have completed the vertical leg. They set 7" pipe to 9750' with 735 sacks of cement.

They are waiting on completion, then they will begin the horizontal leg. (They are permited to drill a total depth of 14929 feet, if they drill the full permited depth the lateral will be about 5,179' long. It will go a little deeper, as it takes a certain distance to turn the pipe from vert. to horz.)

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Permalink Reply by getoverit on November 21, 2008 at 9:11

Thanks, Baron. What happens after the pipe is set? About how long will it take to determine the potential of the well?

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Permalink Reply by The_Baron on November 21, 2008 at 18:13

They still have to drill the horizontal. Then they will set production casing, perferate and frac. Then they will test the well.

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Permalink Reply by The_Baron on November 21, 2008 at 18:15

How long depends on how fast they can finish, and if they are ready for the next steps...look at the timing of the same companies recent wells in the same area. If you are a royalty owner, show up at the drillsite and see if the toolpusher or driller will tell you whats going on.

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Permalink Reply by getoverit on November 24, 2008 at 16:26

Thanks, Baron!

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