Crimson recently commenced the drilling of its Grizzly #1 horizontal well targeting the Haynesville Shale formation and is currently drilling below 3,000 feet toward an 18,600 foot total depth. The Company anticipates an approximate 4500'foot lateral, with 14 stages of frac, in the Haynesville or Mid-Bossier Shale. The drilling of the pilot hole and the lateral is expected to be completed by July 1, 2010 with fracing/completion to follow. Crimson owns an approximate 55% working interest in this San Augustine County well that is approximately 2.5 miles to the south of the Kardell #1H well, our first Haynesville Shale well in East Texas. We have a rig currently under contract that positions us to pursue a continuous drilling program in this resource play for the remainder of this year and into next year. After the completion of the Grizzly well, this rig will move to one of three locations that are currently being prepared; i.e. Kodiak, located approximately 2.5 miles SSE of the Kardell #1H, Gobi, located approximately 2.5 miles SW of the Kardell #1H or Bengal, located in the Tiger Prospect Area approximately 10 miles SE of the Kardell #1H. Grizzly, Kodiak, and Gobi are located in the Bruin prospect area, where we anticipate drilling 2 to 3 operated wells during 2010.
Jeff, The well API # is 405-30329 and as of 5/28/10 Patterson rig 453 was drilling @ 17,321'. You can find out where rigs are drilling in East Texas on Les B's discussion, "Texas Drilling Rigs":
Well, I just thought the listed API # of 405-303136 has too many digits in it, and didn't closely resemble any of the numbers for the three RR 365 wells..
I took me a little bit to figure out where it was posted that way, LOL! It's fixed now but you had me puzzled for a few minutes. API numbers are always a three digit county prefix followed by a dash and five numbers so you were correct... it did look wrong.