Caza Oil & Gas Inc today announced commencement of drilling on its Arran Prospect in Acadia Parish, Louisiana.
The company said that the Marian Baker No 1 well commenced drilling on 16 January and is the initial test well on Arran.
Arran is a significant, 3-D seismically defined prospect supported by AVO data within a proven play fairway. The Marian Baker #1 well is designed to drill to a total depth of approximately 16,000 feet and is expected to encounter multiple, potential, hydrocarbon bearing reservoir sections, the company said.
It expected to take approximately 60 days to reach the proposed total depth.
Caza has a 25% working interest before casing point and a 35.94% working interest after casing point in the Marian Baker No 1 well with an approximate net revenue interest of 26.24%.
Source: Press release
0 comments:
Post a Comment