Written by TradersHuddle Staff |
Monday, 18 July 2011 10:13 |
HOUSTON-( Business Wire )- Crimson Exploration Inc. (NasdaqGM:CXPO) today provided an operational update and announced an increase in its 2011 capital program. In Liberty County, TX, the Catherine Henderson #B-4 (64.0% WI) commenced production at a gross daily rate of 1,379 Boepd, or 721 barrels of condensate, 208 barrels of natural gas liquids and 3.2 Mmcf of natural gas on a 13/64th choke and 7,000 psi of flowing tubing pressure. This well was drilled to a total measured depth of 15,338 feet in the Lower Cook Mountain formation. Approximately one mile to the northwest, Crimson has drilled the Catherine Henderson A-10 (66.0% WI), targeting the Cook Mountain formation, to a total measured depth of 13,742 feet. Completion operations are scheduled to begin by the end of July with first production in early August.
http://www.tradershuddle.com/20110718263545/Press-Releases/Crimson-... |
Tags: Cook Mountain, Crimson, Liberty
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42 — 4 Comments
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