HOUSTON, Jun 25, 2010 (BUSINESS WIRE) -- Crimson Exploration Inc. (NasdaqGM: CXPO) today provided drilling updates on projects located in its East Texas and Southeast Texas areas of operations.

Highlights:

Grizzly #1: Drilled lateral to 18,100 feet in 60 days; Fracing and completion scheduled for mid-July 2010

East Texas

Crimson has recently completed the drilling of its first operated Haynesville/Mid-Bossier well in its Bruin Prospect Area in San Augustine County, Texas. The Crimson Grizzly #1H (55% WI) represents the second well drilled in the Bruin Prospect area and has a surface location approximately 2.5 miles southwest of the Kardell #1H (52% WI) surface location. Crimson finished drilling operations on the Grizzly #1H location, including the pilot hole through the Haynesville Lime, on June 10, 2010 and logs indicated multiple pay zones in the James Lime, Mid-Bossier and Haynesville Shale formations. The well was drilled to a measured depth of 18,100 feet which includes approximately 4,400 feet of horizontal section in the Mid-Bossier Shale. Crimson was able to drill and case the Grizzly #1H well in 60 days which was an operational improvement of 30 days when compared to the Kardell #1H. The well is scheduled to begin completion operations on July 8, 2010 with 14 fracture stimulation stages planned. First production is expected during late July.

The Kardell #1H (52% WI) was the first well drilled in the Bruin Prospect area and was drilled in late-2009 by Devon Energy Corporation. This well was completed in the Haynesville Shale with an initial potential of 30.7 million cubic feet per day and has produced approximately 1.3 billion cubic feet of natural gas since October 22, 2009.

The third location in the Bruin Prospect, the Gobi #1H (66% WI), was spud on June 14, 2010 and is currently drilling below 5,000 feet. It is located approximately 3 miles northwest of the Grizzly #1H location.

The first well in Crimson's Fairway Farms Prospect, approximately 5 miles to the east of the Bruin Prospect, was spud on May 4, 2010. The Halbert Trust #1H (29% WI), operated by Eagle Oil & Gas Co., is drilling at 17,000 feet in the Mid-Bossier Shale and should reach total measured depth of approximately 18,300 feet within two weeks.

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