Oil & Gas Financial Journal Article

Southern Star Energy shines with third Haynesville discovery
Southern Star Energy Inc. has successfully drilled and logged the targeted Haynesville interval in its Boyce-Pate 16-1 Well, with positive results. The well is located in the east-central section of the company’s Sentell Field in Bossier Parish, La.

The well logged 66 feet of net gas pay in the Davis Sand intervals before the company drilled ahead to further evaluate the well’s Haynesville potential. The Boyce-Pate 16-1 Well reached a total depth of 11,200 feet on March 21. This is the third well in the company’s Haynesville development program, and the last of three Haynesville Shale vertical test wells in the Sentell Field planned this year.

Wireline logging and mud log shows indicate the Boyce-Pate 16-1 Well encountered 177 feet of net porous Haynesville Shale over a gross interval of 395 feet. The pay interval calculated average porosity of 10% with water saturation averaging 12%. Mud logs indicated gas shows throughout the interval, ranging from 1100 - 5900 units.

The company is a member of the Core Laboratories Integrated Reservoir Solution’s regional Haynesville Shale Study, and data from the company’s three Haynesville test wells will be incorporated into Core Lab’s regional database.

David Gibbs, the company’s president and CEO, said, “The petrophysical results from the Boyce-Pate 16-1 Well correlate to earlier evidence that our acreage is prospective in the Haynesville play.”